DemocratBill · H.R. 4528· House(119-HR-4528)

Price Gouging Prevention Act of 2025

Rep. Schakowsky
Age: 82 years
Illinois
Introduced
7/17/2025
Last activity
7/17/2025 — Referred to the Committee on Energy and Commerce, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Sponsored by
Janice Schakowsky
Cosponsors
Democrat - 22Republican - 0
Commerce
  1. Introduced
  2. In Committee

What this bill would do

This bill makes it illegal to sell goods or services at a grossly excessive price, regardless of where a person is in the supply chain. It gives the Federal Trade Commission and state attorneys general the power to enforce this rule, stop violations, and seek penalties. The bill also sets rules for companies to report pricing and cost information in their filings with the Securities and Exchange Commission during exceptional market shocks. Additionally, it provides one billion dollars in funding to the Federal Trade Commission to carry out this work.

Yes· 3 of 6

  • Does this give people more protection from unfair business practices?+8

    The act provides significant protections against gross price gouging through FTC enforcement and consumer restitution.

  • Would households on low incomes be better off under this?+7

    Protecting against price gouging during emergencies directly benefits those with limited financial buffers.

  • Does this make what the government does easier for the public to see?+6

    The act mandates detailed pricing and cost disclosures in SEC filings for large companies.

The opposite· 3 of 4

  • Would billionaires be better off under this?-5

    The bill targets entities with very high revenues, potentially affecting massive corporations.

  • Would business owners be better off under this?-4

    Large companies face significant new compliance, disclosure, and penalty risks.

  • Does this protect the right to fair treatment by the courts?-3

    The bill establishes a high 'clear and convincing evidence' standard for rebutting presumptions of violation.