Last week, the economics commentariat and much of the mainstream media erupted with contempt toward Kamala Harris’s proposed federal price-gouging law. Second, in most states, the claim must concern essential goods and services. Rogé Karma: We’re entering an AI price-fixing dystopiaThe problem with price-gouging laws is that they exist only at the state level. Few states have the resources to take on the multinational corporations that dominate markets for many essential goods. Most price gouging today happens far beyond the reach of most state attorneys general.