The Provisions on Administrative Penalties for Price Violations stipulates that if an operator violates the provisions of Article 14 of the Price Law and commits one of the following acts of pushing up commodity prices too fast or too high, he shall be ordered to make corrections, confiscate his illegal income and impose a fine of less than five times his illegal income; If there is no illegal income, a fine of not less than 50,000 yuan but not more than 500,000 yuan shall be imposed; if the circumstances are serious, a fine of not less than 500,000 yuan but not more than 3 million yuan shall be imposed; If the circumstances are serious, it shall be ordered to suspend business for rectification, or its business license shall be revoked by the administrative department for industry and commerce: 1, and information about price increase shall be fabricated and disseminated to disturb the market price order; 2, except for production and personal use, beyond the normal storage quantity or storage cycle, hoarding a large number of goods with tight market supply and abnormal price fluctuations, and continuing to hoard after being warned by the competent price department; 3. Use other means to drive up prices and push commodity prices to rise too fast and too high.

Legal objectivity:

Article 6 of the Provisions on Administrative Penalties for Price Violations: If an operator violates the provisions of Article 14 of the Price Law and commits one of the following acts of pushing up commodity prices too fast or too high, he shall be ordered to make corrections, confiscate his illegal income and impose a fine of less than five times his illegal income; If there is no illegal income, a fine of not less than 50,000 yuan but not more than 500,000 yuan shall be imposed; if the circumstances are serious, a fine of not less than 500,000 yuan but not more than 3 million yuan shall be imposed; If the circumstances are serious, it shall be ordered to suspend business for rectification, or its business license shall be revoked by the administrative department for industry and commerce: 1, and information about price increase shall be fabricated and disseminated to disturb the market price order; 2, except for production and personal use, beyond the normal storage quantity or storage cycle, hoarding a large number of goods with tight market supply and abnormal price fluctuations, and continuing to hoard after being warned by the competent price department; 3. Use other means to drive up prices and push commodity prices to rise too fast and too high.