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Detroit City Wire

Monday, December 23, 2024

Business groups oppose proposed price gouging legislation in Michigan

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Sandy K. Baruah President and Chief Executive Officer at Detroit Regional Chamber | Twitter Website

Sandy K. Baruah President and Chief Executive Officer at Detroit Regional Chamber | Twitter Website

The Detroit Regional Chamber, along with the Grand Rapids Chamber, Michigan Chamber of Commerce, Small Business Association of Michigan, Michigan Manufacturers Association, and NFIB, have collectively expressed their opposition to Senate Bills 954-956. These bills propose a 10% cap on price increases during a state of emergency before an individual or business could be held accountable for price gouging, with certain exceptions.

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