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States Crack Down on Price Gouging Amid Coronavirus Outbreak

States Crack Down on Price Gouging Amid Coronavirus Outbreak
A message is seen on the doors of a CVS pharmacy announces that the store is out of hand sanitizer and gloves in Washington on March 17, 2020. Mandel Ngan/AFP via Getty Images
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A 40 oz. bottle of hand sanitizer is selling at $80. And a 19 oz. bottle of disinfectant spray is priced at $15.

These are some examples of price gouging New York Attorney General Letitia James is working hard to crack down on amid the coronavirus outbreak. James has so far issued dozens of cease and desist letters to merchants demanding that they stop charging consumer excessive prices on vital products such as hand sanitizers and disinfectant sprays.