Jackson Walker senior counsel Erica Benites Giese discusses the issue of price gouging and common things businesses must consider when raising prices during a declared emergency. On March 19, 2020, the Texas Attorney General issued a public health disaster declaration as a result of the COVID-19 pandemic. This triggered certain prohibitions under the Texas Deceptive Trade Practices Act. While these restrictions typically apply to retailers, wholesalers may also be subject to many of the same restrictions. Erica highlights some of those restrictions and what businesses should consider before raising prices.
This podcast is made available by Jackson Walker for informational purposes only, does not constitute legal advice, and is not a substitute for legal advice from qualified counsel. Your use of this podcast does not create an attorney-client relationship between you and Jackson Walker. The facts and results of each case will vary, and no particular result can be guaranteed.
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