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Watchdog suggests emergency laws to crack down on price-gouging during coronavirus crisis

EMERGENCY laws are needed to crack down on unscrupulous businesses “price-gouging” — attempting to profit from the coronavirus crisis — watchdog officials advised the government yesterday.

The Competition & Markets Authority (CMA) said it received nearly 21,000 complaints from the public between March 10 and April 19 over businesses trying to exploit shoppers.

People have reported some shops inflating prices, with certain pharmacies charging over the odds for hand sanitiser and toilet paper, and Mike Ashley’s Sports Direct staff were ordered to increase prices on home-fitness equipment the day after the government announced the lockdown in March.

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