Post-Disaster Consumer Protection Act of 2005

Summary

Post-Disaster Consumer Protection Act of 2005 - Makes it unlawful for a supplier to sell, or to offer to sell, any oil or gas product at an unconscionably excessive price ("price gouging") during the 30-day period following declaration of a major disaster by the President. Defines "unconscionably excessive price" as one that the Federal Trade Commission (FTC) determines represents a gross disparity between the price charged by a supplier for that product after a major disaster is declared and the average price the supplier charged for that product in the affected area during the 30-day period immediately before the disaster declaration. Empowers the FTC to: (1) treat a violation of this Act as an unfair or deceptive act or practice prohibited under the Federal Trade Commission Act (ACT); and (2) prevent any person from violating this Act in the same manner as provided under the Federal Trade Commission Act. Subjects a violator of this Act to the penalties provided in the Federal Trade Commission Act.

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Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 21 September 2005

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• Introduced in Senate (PDF)

  Introduced in Senate · EN · 21 September 2005

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• Introduced in Senate

  summary · EN · 21 September 2005

  Open at official source

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