A price freeze and a restricted sale order are in effect for the U.S. Virgin Islands, said Wayne L. Biggs, Jr., commissioner of the Department of Licensing and Consumer Affairs.
According to Biggs, the prize freeze is effective as a result of the territory being under immediate threat of Tropical Storm Irene. As intense weather conditions fall upon the territory, DLCA has determined that there is the likelihood of considerable damage to residential, commercial, industrial, and governmental facilities.
Biggs also reminded merchants and businesses that part of the agency’s mission is to assist and protect consumers.
“As we remain in the heart of the hurricane season, businesses are advised to comply with orders issued by the department to avoid being assessed penalties for acts of price gouging and other unfair business practices," he said.
Under the provisions of V.I.C Title 11, § 1015, and Title 11, Chapter 17, Section1015-1, prices are frozen at existing levels on all items of food, general supplies, and services. The sale price shall not be higher than the fixed price. All merchants are also forbidden from refusing to accept Virgin Islands Government vouchers during the emergency period. These measures are being instituted to protect the public’s welfare during the emergency period and to prevent speculative practices.
