Shearman & Sterling LLP | Antitrust Blog | Home | Gouging
This links to the home page
  • SDNY Judge Grants 3M Preliminary Injunction Against N95 Mask Price Gouger

    On May 4, 2020, U.S. District Judge Loretta A. Preska of the U.S. District Court for the Southern District of New York issued an order granting plaintiff 3M’s application for a preliminary injunction against defendant Performance Supply, LLC under Federal Rule of Civil Procedure 65(a).
    CATEGORY: Gouging
  • U.S. Attorney’s Office Charges New York Resident With COVID-19-Related Price Gouging

    On April 24, 2020, the U.S. Attorney’s Office for the Eastern District of New York charged Long Island resident Amardeep Singh with hoarding and price gouging of medical supplies in violation of the Defense Production Act of 1950 (“DPA”).  The complaint alleges that Mr. Singh and his business entities acquired excessive amounts of personal protective equipment (“PPE”) and other medical supplies designated as “scarce” under an executive order issued by the President.  Mr. Singh then allegedly sold these products at prices well in excess of the prevailing market price, including a 1,328% markup on disposable face masks.  Complaint, United States v. Singh, No. 20-MJ-236 (SIL) (E.D.N.Y. Apr. 24, 2020).  According to the U.S. Attorney’s Office, the charges are the first criminal charges filed under the DPA during the present crisis.  The case is currently before Magistrate Judge Steven I. Locke.