OKLAHOMA CITY – Attorney General Gentner Drummond is warning businesses that the Emergency Price Stabilization Act is in effect following the declaration of emergency for 12 counties devastated by wildfires.
The law, also referred to as the price gouging statute, prohibits an increase of more than 10 percent for the price of goods and services and helps protect citizens from unfair price hikes. The statute is in effect for Cleveland, Creek, Dewey, Grady, Lincoln, Logan, Oklahoma, Pawnee, Payne, Pottawatomie, Roger Mills and Stephens Counties.
Drummond cautioned that anyone who violates the Act is subject to legal consequences.
“Oklahoma consumers reeling from the wildfires can be assured they will be protected from unfair price hikes and fraud,” he said.
More than 130 wildfires were reported across the state during recent windstorms.
