Price Gouging Prevention Act of 2025

The Price Gouging Prevention Act of 2025 makes it unlawful for businesses to sell goods or services at grossly excessive prices during exceptional market shocks like natural disasters, public health emergencies, or other major disruptions. The bill establishes specific thresholds (such as $100 million in annual revenue for small businesses) and requires businesses to demonstrate that price increases were due to uncontrollable costs, rather than exploiting market conditions. It creates a presumption of violation for businesses with "unfair leverage" (defined as having significant market dominance or revenue), and requires companies to disclose pricing strategies in SEC filings during market shocks. The Federal Trade Commission and state attorneys general would enforce the law, with civil penalties up to 5% of a company's revenue. The law includes annual inflation adjustments for certain financial thresholds starting in 2026.