Maine § 10 §1105 Profiteering in necessities

Maine Statutes

§ 10 §1105 — Profiteering in necessities

Maine·Title 10 COMMERCE AND TRADE·Part 3 REGULATION OF TRADE·Ch. 201 MONOPOLIES AND PROFITEERING

1.Definitions. As used in this section, unless the context otherwise indicates, the following terms have the following meanings.

2.Declaration. Whenever it appears upon due inquiry and consultation with the Attorney General that an abnormal market disruption exists or that there is a substantial likelihood that an abnormal market disruption is imminent, the Governor may, in the Governor's sole discretion and after considering whether the declaration of an abnormal market disruption itself will disrupt supplies for affected necessities, declare an abnormal market disruption.

3.Profiteering prohibited. After the Governor has declared an abnormal market disruption and before the declaration of the abnormal market disruption expires, a person may not sell or offer for sale necessities at an

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1.
Definitions.
As used in this section, unless the context otherwise indicates, the following terms have the following meanings.
2.
Declaration.
Whenever it appears upon due inquiry and consultation with the Attorney General that an abnormal market disruption exists or that there is a substantial likelihood that an abnormal market disruption is imminent, the Governor may, in the Governor's sole discretion and after considering whether the declaration of an abnormal market disruption itself will disrupt supplies for affected necessities, declare an abnormal market disruption.
3.
Profiteering prohibited.
After the Governor has declared an abnormal market disruption and before the declaration of the abnormal market disruption expires, a person may not sell or offer for sale necessities at an unconscionable price.
4.
Civil violation.
A violation of subsection 3 is a civil violation that constitutes and may be prosecuted as an unfair act or practice in the conduct of trade or commerce pursuant to Title 5, section 207, except that the provisions of Title 5, section 213 do not apply. The declaration of an abnormal market disruption creates a rebuttable presumption that the disruption occurred and existed from the beginning date in the declaration to the date of its expiration.

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Legislative History

PL 1979, c. 541, §A91 (AMD). PL 2005, c. 580, §1 (RPR). PL 2019, c. 126, §1 (AMD). PL 2021, c. 175, §1 (AMD). PL 2023, c. 405, Pt. A, §22 (AMD). RR 2023, c. 2, Pt. C, §13 (COR).