What should I do if the price increase leads to price fraud? What is the compensation standard for price fraud?

Price fraud is a well-known fraud. Businessmen should compete openly and fairly when doing business. If they commit price fraud, they will be punished and consumers can claim compensation. The fourth item of Article 14 of the Price Law stipulates the compensation standard for price fraud. Operators shall not use false or misleading price means to trick consumers or other operators into trading with them. This kind of illegal price behavior is usually called price fraud, also known as deceptive price expression, which refers to the behavior of operators using false or misleading price conditions to trick consumers or other operators into trading with them. According to the Provisions on Prohibiting Price Fraud promulgated by the National Development and Reform Commission, if two price labels or price lists are used at the same time for the same commodity or service in the same trading place to attract customers at a low price and settle at a high price, it can be considered as price fraud. Article 55 of the Law on the Protection of Consumers' Rights and Interests, if a business operator commits fraud in providing goods or services, it shall increase the compensation for the losses it has suffered according to the requirements of consumers, and the amount of compensation shall be three times the price of the goods purchased by consumers or the cost of receiving services; If the amount of additional compensation is less than that of 500 yuan, it shall be 500 yuan. Where there are other provisions in the law, such provisions shall prevail. Therefore, the compensation standard for price fraud is three times, and less than 500 will make up 500.