LA To Announce Penalties For Price Gouging On COVID Tests

The L.A. city attorney is set to announce penalties for retailers who try and price gouge COVID-19 at-home tests.

to unprecedented levels, there are reports across the region of price gouging.

Los Angeles City Attorney Mike Feuer is slated to hold a news conference Thursday to address the issue. The city attorney’s office noted that Feuer will “detail penalties, including fines and imprisonment, that price gougers could face.”which prohibits retailers from raising the price of at-home testing kits by more than 10 percent of their regular retail price. They also cannot charge a price that is more than 50% higher of what they paid to the supplier for the kit.

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