I don't see anything in your link about setting a lower price than they had already been asking. Nothing about price-gouging or achieving a lower price. It just says accept, perform and prioritize contracts. Where is the information about price gouging?Trump has enacted it because of GM's attempt at price-gouging for ventilators and dragging out the contract process.
'GM was wasting time': Trump invokes DPA to force GM to make ventilators
President Donald Trump today invoked the Defense Production Act, directing General Motors to produce ventilators needed for the coronavirus outbreak, hours after lashing out at the automaker on Twitter, and following weeks of increasingly loud pleas from governors and mayors to put the powerful statute into use.
“Today, I signed a Presidential Memorandum directing the Secretary of Health and Human Services to use any and all authority available under the Defense Production Act to require General Motors to accept, perform, and prioritize Federal contracts for ventilators,” Trump said in a statement from the White House. “Our negotiations with GM regarding its ability to supply ventilators have been productive, but our fight against the virus is too urgent to allow the give-and-take of the contracting process to continue to run its normal course. GM was wasting time. Today’s action will help ensure the quick production of ventilators that will save American lives.”
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