Sen. Jake Anderegg (R)

SB 74 (Price Control Repeals)

Libertas Institute supports this bill.

This bill repeals Utah's anti-"price gouging" law which criminalizes business owners raising their prices of goods by more than a minimal amount during an emergency.

Libertas supports this bill. The existing law wrongly criminalizes basic economics which best allocates scarce resources during an emergency by allowing prices to fluctuate based on demand.