Michigan Gov. Gretchen Whitmer signed an executive order today that will temporarily impose enhanced restrictions on the excessive pricing of goods, materials, emergency supplies and consumer food items.
Executive order 2020-8 states that if a business or individual has acquired any product from a retailer, the business or individual must not resell that product in Michigan at a price that is in excess of the purchase price of the product, the governor's office said in a news release.
"Additionally, a business or individual must not offer for sale or sell any product in Michigan at a price that is more than 20 percent higher than what the business or individual offered or charged for that product as of March 9, 2020, unless the business or individual demonstrates that the price increase is attributable to an increase in the cost of bringing the product to market," the release said.
These restrictions go into effect on March 16 at 9 a.m. and will remain in place until April 13 at 11:59 p.m.