What Are The Risks When Increasing Prices In Times Of COVID-19?

RS
Reed Smith (Worldwide)

Contributor

Reed Smith (Worldwide) logo
Reed Smith is a dynamic international law firm helping clients move their businesses forward. By delivering smart, creative legal services, we enrich clients' experiences with us and support achievement of their business goals. Our longstanding relationships and collaborative structure enable the speedy resolution of complex disputes, transactions, and regulatory matters.
When COVID-19 swept the globe and disrupted the production and distribution of goods, it gave way to some companies taking advantage of consumers by significantly increasing prices.
Worldwide Coronavirus (COVID-19)
To print this article, all you need is to be registered or login on Mondaq.com.

When COVID-19 swept the globe and disrupted the production and distribution of goods, it gave way to some companies taking advantage of consumers by significantly increasing prices. As governments across the world have started taking action against unfair or excessive prices, we examine the global enforcement trends in this space and offer practical advice to ensure businesses won't find themselves in breach of antitrust, price gouging or other consumer protection rules when adapting their pricing strategy in the current climate. Read our full client alert here - and watch this space for our forthcoming Global Antitrust and Competition Guide that will shed more light on the relevant price gouging regulations in key jurisdictions (EU, France, Germany, the UK, US and China).

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

See More Popular Content From

Mondaq uses cookies on this website. By using our website you agree to our use of cookies as set out in our Privacy Policy.

Learn More