By Mark Pazniokas, CT Mirror
When demand soared for N-95 masks and nitrile gloves last year, so did prices. Hartford HealthCare, the owner of seven acute-care hospitals, saw a seven-fold jump in spending on personal protective equipment, from about $400,000 to $3 million.
Were suppliers simply obeying the laws of supply and demand, or were they committing price gouging in the midst of a pandemic?
Attorney General William Tong and legislators said Wednesday that Connecticut’s existing anti-profiteering law made it difficult to say, a problem they hope to resolve with legislation up for a public hearing Thursday before the General Law Committee.