Price Gouging: What It Is and How to Fight Back

Price Gouging Price Gouging: What It Is and How to Fight Back

Has Price Gouging Victimized You?

Have you or someone you know fallen prey to a price-gouging incident? Would you know how to report an incident of price gouging?

This post will address the difficulties in handling your price gouging incident and show you the easiest way to use our simple and highly effective online solution.

Trying to Tackle a Price-Gouging Incident by Yourself

The first step in reporting a price-gouging incident is identifying one. Look for these warning signs:

Out of the ordinary high prices.A business may raise prices on certain goods and services in times of national disasters. Any price increase over 20% should raise eyebrows.
Higher pricing between like products.The price of one product is doubled or even tripled compared to similar products.
Trust your instincts.If you suddenly are paying significantly higher prices for a product you purchase regularly, this should be a red flag.

You have to discern whether the price increase you are experiencing is indeed price gouging. Price gouging is not just a price increase.

By now, you must be thoroughly confused. There is a better way to learn if you have been victimized by price gouging.

What to Do if You Suspect Price Gouging

To go about reporting an incident where you suspect that you have a price-gouging complaint, you will need quite a bit of information. You will also need the contact information for your state's attorney general.

You need to provide the information below to get started:

  • Name, address, and phone number of the location where you either saw or purchased the item
  • Product type, which brand, what size, and its price
  • Date and time you saw or bought the item
  • Provide a picture of the item and receipt if possible

After doing all of that major leg work, you can refer to the U.S. Personal Interest Research Group for your state's Attorney General's contact information.

At-Risk Individuals and Areas Prone to Price Gouging

Not all price gouging incidents are alike, and not all victims of price gouging are the same either. Consumerism commentary, a web-based entity that reports on price-gouging incidents, classifies people and places most likely to fall prey to a price-gouging incident.

  • Senior citizens
  • Disabled people
  • Areas hit by a natural disaster

It's sad to say that vendors in our country would take advantage of our elderly and disabled population for the sake of higher profits.

While price gouging in times of a natural disaster has become commonplace, certain circumstances can contribute to those areas that were the most brutally hit. For instance, in both Hurricane Katrina and Sandy, reports of gas stations' price gouging were caused by different circumstances.

In Katrina, the price of gasoline was impacted by the fact our oil refineries and pumping platforms were destroyed, causing an immediate gasoline shortage. In Sandy, the price gouging was due to gas stations without power and trucks unable to deliver any petroleum products.

In the past year, we have all seen the price of certain goods and services increase as we continue to battle a global pandemic, and the number of reported price gouging complaints has never been higher.

Also, keep in mind that the holidays can bring price gouging incidents.

Gasoline prices will soar over the Thanksgiving holidays as we travel, and you can usually find those hard-to-find gifts for Christmas on the Internet at a substantially increased price.

You don't have to fight price gouging issues by yourself. There is a better way, and we will show you that way now.

How to Use DoNotPay for Incidents of Price Gouging

DoNotPay is an easy-to-use tool designed to level the playing field and make protection against price gouging available to all. If you don't have time and your patience gets thin rather quickly, this is your solution to price gouging reporting.

If you want to protect against price gouging but don't know where to start, DoNotPay has you covered in 5 easy steps:

  1. Open the Price Gouging Protection product on DoNotPay.
  2. Generate a fake credit card to use with the merchant.
  3. Complete the transaction with the fake credit card.
  4. Save a photo of the transaction as evidence and start the demand letter process.
  5. Answer a few questions through our chatbot about the merchant and transaction.

That's it. DoNotPay will be hard at work on your behalf to make sure these incidents are dealt with as quickly and efficiently as possible. DoNotPay is your one-stop, all-inclusive information hub of resources for fighting price gougers and others to protect your money.

Why You Should Use DoNotPay

DoNotPay has revolutionized the information gathering and problem-solving genre. Look at these three reasons you can trust DoNotPay.

  1. DoNotPay is FAST.
  2. DoNotPay is EASY.
  3. DoNotPay is SUCCESSFUL.

The number of success stories produced by DoNotPay continues to grow every day. Your price gouging incident could be the next one.

What Else Can DoNotPay Do?

Price gouging, in general, is not all DoNotPay can do for you.

Here are some specific price gouging incidents DoNotPay can help you with:

Why not let DoNotPay show you how easy it is to report and learn about price gouging.

Want your issue solved now?