The Ministry of Home Affairs in conjunction with the Cost of Living Commission is managing allegations of price gouging in Bermuda. Please fill out the below form to highlight any price irregularities in the Bermuda marketplace. Note this form is anonymous and will be used to inform the chairman of the Cost of living commission for further investigation under his authority. It is not within the remit for refunds to be issued but for business practices to be regulated and the consumer protected from such practices.
Price gouging is defined as “a seller increasing the prices of goods, services or commodities to a level much higher than is considered reasonable or fair, and is considered exploitative, potentially to an unethical extent. Usually this event occurs after a demand or supply shock. Common examples include price increases of basic necessities after hurricanes and other natural disasters; and in this case a pandemic.