We'll See About That
The government's respone to this has been to implement price controls and threaten companies that don't do as they're told with nationalization. When responding to the people that points out that this will lead to shortages, Karlin Granadillo, who leads the agency that are going to enforce the price controls, said that "the law of supply and demand is a lie".
Well, we'll see about that. I have a feeling that she will be disappointed.