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Is it illegal to charge insane prices for things? (self.nostupidquestions)

submitted 1 year ago by Lafari to c/[email protected]

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Is there a law preventing me from for example selling a baseball hat for $20,000?

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[–] paddirn 9 points 11 months ago

I don’t think there’s any Federal laws against it, but the closest I can think of is that in many states there’s laws against price gouging in some situations (after a state of emergency has been declared, may only apply to certain essential goods/services), here’s a FAQ on California’s anti-price gouging laws:

https://oag.ca.gov/consumers/pricegougingduringdisasters