Ind. Code § 4-6-9.1-2

Current through P.L. 171-2024

Section 4-6-9.1-2 - "Price gouging" defined

For purposes of this chapter, "price gouging" means charging a consumer an unconscionable amount for the sale of fuel. Price gouging occurs if:

(1) the amount charged grossly exceeds the average price at which fuel was readily obtainable within the retailer's trade area during the seven (7) days immediately before the declaration of emergency; and

(2) the increase in the amount charged is not attributable to cost factors to the retailer, including replacement costs, taxes, and transportation costs incurred by the retailer.

IC 4-6-9.1-2

As added by P.L. 124-2002, SEC.1.