Texas AG Sanctions Cheaper Than Dirt For Price Gouging

Published on December 18, 2020
Duration: 5:05

The Texas Attorney General has taken action against Cheaper Than Dirt for alleged price gouging on firearms and ammunition. The investigation identified over 4,000 sales where the company is accused of significantly inflating prices, particularly during periods of high demand like the pandemic. This has resulted in an order for Cheaper Than Dirt to refund over $402,000 to customers.

Quick Summary

The Texas Attorney General has ordered Cheaper Than Dirt to refund over $402,000 to customers due to price gouging. The investigation uncovered more than 4,000 sales where the company allegedly inflated prices, particularly during high-demand periods like the pandemic.

Chapters

  1. 00:00Texas AG Takes Action Against Cheaper Than Dirt
  2. 00:19Guns & Gadgets Introduction
  3. 00:55Cheaper Than Dirt Price Gouging News
  4. 01:04Giveaway Winner Announcement
  5. 01:30Details of Cheaper Than Dirt Debacle
  6. 01:43History of Price Gouging
  7. 02:02Examples of Inflated Prices
  8. 02:19Cheaper Than Dirt Location and Complaints
  9. 02:27Texas AG Investigation Findings
  10. 02:35Order for Refunds
  11. 02:42Texas Price Gouging Penalties
  12. 03:09Community Awareness of Past Actions
  13. 03:13Broader Context of Pandemic Pricing
  14. 03:43Personal Stance on Customer Service
  15. 03:51Call to Action for Affected Customers
  16. 04:25Final Giveaway Reminder
  17. 04:40Closing Remarks

Frequently Asked Questions

What action has the Texas Attorney General taken against Cheaper Than Dirt?

The Texas Attorney General has ordered Cheaper Than Dirt to pay back over $402,000 to customers for price gouging. The investigation identified more than 4,000 sales where the company allegedly inflated prices significantly.

What are the potential penalties for price gouging in Texas?

In Texas, businesses found to be price gouging can face fines ranging from $10,000 up to $250,000, especially if the individuals being gouged are elderly. This is in addition to any required customer reimbursements.

Has Cheaper Than Dirt been accused of price gouging before?

Yes, the video indicates that Cheaper Than Dirt has a history of marking up prices by as much as three times the normal rate during periods of high demand, such as during the pandemic.

What specific examples of price gouging were mentioned?

Examples cited include CZ Scorpions selling for $3,600, LWRC rifles for nearly $7,000, and a case of 5.56 ammunition being priced at over $900 when it should have been around $300.

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