samzenpus from the what-the-market-will-bear dept.
TheSync writes "In the wake of Hurricane Sandy, the New York State Attorney General has subpoenaed Craigslist, demanding that the site identify more than 100 sellers whose prices on post-Sandy gas, generators and other supplies were of an 'unconscionably excessive price' during an emergency. AG Eric Schneiderman said: 'Our office has zero tolerance for price gouging [and] will do everything we can to stop unscrupulous individuals from taking advantage of New Yorkers trying to rebuild their lives.'"
I cannot conceive that anybody will require multiplications at the rate
of 40,000 or even 4,000 per hour ...
-- F. H. Wales (1936)