Bill > A00255

This bill amends the New York General Business Law to expand protections against price gouging during market disruptions, specifically adding fuel, energy, and transportation goods and services to the list of regulated items. The bill broadens the definition of "abnormal disruption of the market" to include product recalls leading to supply shortages and expands the scope of goods and services covered by the law to explicitly include fuel, energy, and transportation-related items. The legislation requires the Attorney General to create rules mandating periodic public disclosure of prices by actors in the distribution chain for fuel and potentially other goods and services sold in or into the state. The bill aims to protect consumers from unconscionably excessive pricing during emergencies by applying price gouging restrictions to all parties in the distribution chain, including manufacturers, suppliers, wholesalers, distributors, and retailers. Key terms like "abnormal disruption" are defined to include events such as natural disasters, emergencies, strikes, and other significant market disruptions that could potentially lead to price exploitation. The bill is designed to provide greater transparency and prevent unfair pricing practices during challenging market conditions.

Business and Industry

https://www.nysenate.gov/legislation/bills/2025/A255