Search Results: keywords:"price gouging"

  • H. R. 8493 — To establish the Task Force to Stop Price Gouging, and for other purposes.
    Status:Introduced in House
    Words:510

    H. R. 8493 establishes the "Task Force to Stop Price Gouging." This task force will focus on unfair and illegal pricing practices that negatively impact consumers in the United States. It will consist of members from the Department of Justice, the Federal Trade Commission,...

    Simple Explanation

    H. R. 8493 is a new plan to make sure people don't cheat others by charging too much for things they need, like food. It creates a special team that will check up on prices and make sure everyone plays fair.

  • H. R. 7390 — To make price gouging unlawful, to expand the ability of the Federal Trade Commission to seek permanent injunctions and equitable relief, and for other purposes.
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    Status:Introduced in House
    Words:3,843

    H.R. 7390, known as the “Price Gouging Prevention Act of 2024,” aims to make price gouging illegal and expand the Federal Trade Commission's (FTC) powers to combat it. The bill prohibits selling goods or services at grossly excessive prices, particularly during exceptional...

    Simple Explanation

    H.R. 7390 is a plan that wants to stop people from raising prices too much when things go wrong, like during a big storm. It also wants a special group, called the Federal Trade Commission, to help stop this and makes sure companies tell the truth about their prices.

  • S. 3561 — To protect consumers from price gouging of residential rental and sale prices, and for other purposes.
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    Status:Introduced in Senate
    Words:3,084

    S. 3561, known as the “Housing Oversight and Mitigating Exploitation Act of 2024” or the “HOME Act of 2024,” aims to protect consumers from price gouging in residential rental and sale markets during housing crises. The bill establishes regulations for defining and addressing...

    Simple Explanation

    The HOME Act of 2024 is a plan to make sure the prices of houses and rent don't go too high during a housing problem, and it gives special rules to make it fair for people trying to buy or rent a home. It also checks for anyone being unfair in how they set prices or screen renters, and sets up ways to help those who need more affordable homes.

  • S. 3803 — To make price gouging unlawful, to expand the ability of the Federal Trade Commission to seek permanent injunctions and equitable relief, and for other purposes.
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    Status:Introduced in Senate
    Words:3,904

    The Price Gouging Prevention Act of 2024 aims to make it illegal to sell goods or services at inflated prices during emergencies, like natural disasters or power outages. It empowers the Federal Trade Commission (FTC) to take legal action against those who engage in price...

    Simple Explanation

    The Price Gouging Prevention Act of 2024 is like a rule that stops people from charging too much money for things when bad stuff happens, like big storms or when the lights go out. It gives a special group called the FTC money to make sure people follow this rule and be fair.