Bill > S2321

This bill, known as the Price Gouging Prevention Act of 2025, aims to combat excessive pricing during exceptional market shocks by establishing new regulations and enforcement mechanisms. The bill makes it unlawful to sell goods or services at a "grossly excessive price" during times of market disruption, such as natural disasters, public health emergencies, or other significant economic events. It provides the Federal Trade Commission (FTC) with expanded powers to investigate and penalize price gouging, including the ability to seek injunctions, civil penalties, and consumer restitution. The bill defines "unfair leverage" for large businesses, creating a presumption of violation if a company with significant market share or revenue increases prices dramatically during an exceptional market shock. Companies can defend against price gouging allegations by demonstrating that price increases are directly attributable to uncontrollable additional costs. The legislation also requires publicly traded companies to disclose detailed information about their pricing strategies and revenue changes in SEC filings during such market events, providing transparency about potential price gouging. Additionally, the bill allocates $1 billion in funding to the FTC to support enforcement efforts and grants state attorneys general the authority to bring civil actions against companies violating the law. The FTC is tasked with developing specific guidelines and regulations to implement the act within 180 days of its enactment.

Transportation and Infrastructure

https://www.congress.gov/bill/119th-congress/senate-bill/2321/all-info