In the world of business price gouging is not something unheard of, most every company and or product has had an incident with price gouging at least one time. Price gouging essentially is when the price of a good or services is at an “...unreasonable or unfair level” (Source). Approximately “34 states have enacted price gouging laws. A handful of state impose criminal charges on top of civil liability when a business is found guilty…” (Source). Unfortuntately there are no current federal laws enforcing the price gouging limits, although in states of emergency local governments often prohibit price gouging when it comes to a crisis situation, essential items and or services, and sometimes even a price limit on certain goods and or services
