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04/01/2004 Archived Entry: "Low Gas Prices Illegal in 35 States"
YOU HEAR THE CLARION CALLS FOR INVESTIGATIONS over the price of gas. Yet - perhaps unsurprisingly - in many cases, it is state politicians that are keeping gas prices high.
Debra here, subbing for Claire. I'm not talking about gasoline taxes, although those are pretty intense. Nope, these are actual laws. According to the article, 35 states have laws that ban below-cost sales (some on gasoline specifically!), ban "predatory pricing", or require a minimum markup.
Politicians can't balance a budget to save their lives, but they can tell you what to charge for your products.
(Thanks for the tip, MY.)
Posted by Debra @ 08:10 AM CST