LANSING, Mich. (AP) — Michigan Gov. Gretchen Whitmer has signed an executive order aimed at curbing price gouging of emergency supplies and food during the coronavirus outbreak.
The temporary measure, which takes effect Monday, restricts a person or business from re-selling goods or products that are “grossly in excess of the purchase price of the product.”
Also, a business or individual can't sell a product at more than 20% higher than the purchase price, unless the increase is “due to bringing the product to market.”
The Michigan attorney general's office has said it received over 75 complaints of price gouging.