Sign the petition: No more corporate greed. No more price gouging
Giant corporations are squeezing American families for fatter profits. Recently, corporations have used inflation as a shield for price gouging, and scored record profits in doing so. The cost of basic groceries has jumped by 25% over the past four years, highlighting the dire consequences of unchecked price gouging on American families.
The Price Gouging Prevention Act of 2024 aims to shield consumers from the predatory practices of price gouging that have left many struggling to afford basic necessities.
We must rally behind measures that protect us from corporate exploitation. The Price Gouging Prevention Act of 2024 is designed to:
- Clarify that price gouging is an unfair and deceptive practice under the FTC Act.
- Enable the FTC and state attorneys general to halt sellers from charging grossly excessive prices.
- Allocate $1 billion in additional funding to the FTC to enforce these regulations.
- Provide a defense for small businesses acting in good faith against unjustified litigation.
Without this critical legislation, corporations will continue to exploit periods of inflation and market shocks to inflate prices unjustly. The fight against price gouging is a fight against the notion that corporate profits outweigh the well-being of the American people. By supporting the Price Gouging Prevention Act of 2024, you're taking a stand for justice, fairness, and economic security for all.
Sign the petition: Protect American consumers from price gouging and ensure that our economy works for everyone, not just the wealthy few.