price regulation; abnormal market disruptions
Arizona bill authorizes temporary price regulation on essential goods during emergencies to prevent gouging when markets experience severe disruptions.
Arizona bill authorizes temporary price regulation on essential goods during emergencies to prevent gouging when markets experience severe disruptions.
SB 1322 would authorize Arizona to regulate prices during abnormal market disruptions, such as natural disasters, public health emergencies, or supply chain crises. The bill establishes a framework allowing the state to impose temporary price controls on essential goods and services when markets experience significant disruptions that threaten public welfare.
Price gouging during emergencies can make life-saving supplies, fuel, and shelter unaffordable for vulnerable populations. This bill addresses situations where normal market competition fails to protect consumers, such as after hurricanes, floods, or pandemic-related shortages when sellers may exploit scarcity to charge excessive prices.
Compiled from official sources — confirm details with the bill’s official record.
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