State law prohibits any person, firm or corporation from profiteering -- that is, increasing the retail price of its items during a major disaster, until the disaster has been declared over. The same holds true in the event of a statewide or regional shortage of a product or service, if the Governor proclaims a supply emergency.
For example, raising the price of gasoline, food, or water during a declared state of emergency is illegal. However, the law does not prohibit price fluctuation as part of the normal course of business.
Anyone who suspects that a business is engaging in profiteering may file a written complaint with the Department of Consumer Protection.
Relevant Statute: Title 42, Chapter 743