Under the Price Gouging Act, a price increase of more than 20% during a declared state of emergency is considered price gouging.
Terms of the settlement
American Surgical Supply and Keystone Medical Equipment entered into an Assurance of Voluntary Compliance (AVC) with the Pennsylvania Attorney General’s Office to settle the matter.
Under the terms of the settlement, American Surgical Supply and Keystone Medical Equipment agreed to not engage in deceptive or fraudulent business practices and price gouging.
Both companies agreed to fully comply with all provisions of the Consumer Protection Law and the Price Gouging Act.
American Surgical Supply agreed to pay Pennsylvania $127 for public protection and education purposes and $5,640.55 allocated as restitution, which will be distributed to affected consumers.
Keystone Medical Equipment agreed to pay Pennsylvania $32.10 for public protection and education purposes and $1,193.16 allocated as restitution, which will be distributed to affected consumers.
