OKLAHOMA CITY – Oklahoma Attorney General Mike Hunter is reminding Oklahomans the Emergency Price Stabilization Act is in effect for all 77 counties after the disaster emergency declaration announced yesterday.
The price gouging statute prohibits an increase of more than 10 percent for the price of goods and services after a declared emergency. Additionally, the act allows the attorney general to pursue charges against individuals or businesses that engage in price gouging.
The order was called due to Hurricane Harvey, which continues to impact parts of the south.
Attorney General Hunter said in this case, the statute will protect Oklahomans looking to help those who have been devastated and ensure fair prices for those who have been displaced because of the storm.
“Our Gulf Coast neighbors need our help right now,” Attorney General Hunter said. “This statute will send a clear message to those who are trying to take advantage of others that they will be prosecuted for engaging in price gouging.”
The act is in effect for 30 days after the declaration. It remains in effect for another 180 days for prices for repairs, remodeling and construction.
For more information or to report a complaint, individuals are encouraged to contact the Consumer Protection Unit by phone at (405) 521-2029, or email at [email protected].
To read the disaster emergency declaration, click here: http://bit.ly/2wTHB0X.