OKLAHOMA CITY (AP) — Oklahoma Attorney General Scott Pruitt says a state law to prohibit price gouging during an emergency is now in effect.
Pruitt says the Emergency Price Stabilization Act went into effect statewide after Gov. Mary Fallin declared a state of emergency Monday ahead of Tuesday's winter storm.
The law prohibits price increases of more than 10 percent on most goods and services when a state of emergency is declared and remains in effect on the price of goods, services, storage spaces and dwellings for 30 days after the emergency. It remains in effect for 180 days after the emergency on the prices of repairs, remodeling and construction.
The attorney general's Consumer Protection Unit investigates allegations of price gouging.