February 5th, 2022 by WCBC Radio
Maryland lawmakers are taking aim at price-gouging with a new bill to address a long-standing consumer complaint and fill a gap in state law. WBAL reports consumers feeling pinched say they are forced to pay artificially increased prices.
Since the start of the COVID-19 pandemic, consumers have noticed they're paying more for many items they need. Companies blame demand and supply chain issues.
Sen. Clarence Lam, D-District 12, whose district encompasses portions of Howard and Baltimore counties, is proposing legislation to prohibit companies from boosting prices on essential goods or services by more than 10% during an emergency declaration and for 90 days after it expires.
