In this CNBC article, Fordham Law Professor Zephyr Teachout explains why she believes Senator Elizabeth Warren’s proposed bill to target price gouging by the market’s biggest companies—named The Price Gouging Prevention Act of 2025—is a “very common sense piece of legislation” and is in line with the state price gouging laws around the country.
Zephyr Teachout, a Fordham Law professor and antitrust expert who has run for office in New York State, called it a “very common sense piece of legislation,” and said it is in line with the state price gouging laws around the country.
“One way to understand price gouging is that it’s poor man’s antitrust,” Teachout said. “We’ve allowed so much market concentration that the goliaths can just use market shocks to hike up prices, and exploit the lack of competition to gouge customers. That shows up as Warren and others note in the big profit hikes that keep happening after disasters and other market shocks. This bill is a really important corrective,” she said.