Wednesday, September 6, 2017

Sen. Bill Nelson asks FTC to monitor price gouging ahead of Irma

U.S. Sen. Bill Nelson

U.S. Sen. Bill Nelson (D-FL) today asked the head of the Federal Trade Commission to begin closely monitoring and, if necessary, take swift action against retailers engaged in price gouging as Florida prepares for Hurricane Irma.

"As Hurricane Irma preparations begin in earnest, it is essential that first responders and evacuees in Florida are able to access gasoline and other refined petroleum products free from price distortions caused by anticompetitive practices,” Nelson wrote in a letter to Acting FTC Chairman, Maureen Ohlhausen. "Accordingly, I ask that you closely monitor retail gasoline outlet pricing in the coming weeks to detect and defeat any price gouging schemes."

Click HERE to read full text of Nelson's letter to the FTC