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Sunday, jan 5
Tag:
Price Gouging
Business
NY Baby Formula Suppliers Accused Of Price Gouging Agree To $675K Settlement
Thousands of cans of baby formula are being distributed to families in need across New York after a settlement was reached with two companies accused of illegal price gouging. New York Attorney General Letitia James announced on Monday, Dec. 18, that her office had secured $675,000 worth of baby formula from Marine Park Distribution Inc. and its affiliate, Formula Depot Inc., following an investigation into price gouging during the nationwide formula shortage in 2022. The companies allegedly raised formula prices by more than 60 percent in some cases, with costs doubling for certain product…
News
Longshoremen Strike: Hundreds Of NY, NJ Dockworkers On Picket Lines
Thousands of longshoremen along the East and Golf coasts are on strike in a move that could heavily impact the economy and make it harder to get goods and services. In Elizabeth, NJ, the strike began on Tuesday, Oct. 1 outside Maher Terminal where hundreds of dockworkers rallied. CBS News, citing the Port Authority of NY and NJ, said most operations have been shut down due to the strike. Daily Voice has reached out the Port Authority for comment. The Port Authority said it has been working closely with the commercial trucking industry to ensure cargo containing essential goods, medical sup…
News
Storm Price Gouging: Consumers Warned To Watch For Rising Expenses In NY Amid Massive Rainstorm
Officials are urging New Yorkers to keep an eye out for stores and services that may be using the rainstorm to charge extra for essential goods. On Friday, Sept. 29, New York Attorney General Letitia James issued a warning to consumers against price gouging amidst the ongoing state of emergency caused by rainstorms and flooding across Long Island, the Hudson Valley, and New York City. Related: State Of Emergency: 'Extreme Weather Event' Threatening Areas In NY, Hochul Says Price gauging can affect anything from essential goods — such as food, gas, and batteries — to services like …
News
Price Gouging: NY AG Issues Alert About Dramatic Price Increases For Children's Medication
New York Attorney General Letitia James is cautioning consumers about price gouging of children's painkillers and fever reducers as demand increases due to the "tripledemic" of COVID-19, RSV, and the flu. James issued the alert on Monday, Dec. 26, saying her office received reports about children's medication being sold online and in stores at prices that are two or three times their retail value. Earlier report: CDC Warns Of Increase In Strep Throat Infections Among Kids Amid Rise In COVID, Flu, RSV Cases New Yorkers should stay alert for potential price gouging of medications, such …
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