Topic: Who Made Price Gouging Illegal
Answers to Common Questions
How is price gouging illegal, isn't that socialism?
Don't raise prices because the hurricane, increase prices based on increased demand. People who really don't need the gas, will get enough till the storm passes over. While people who need the gas will pay any price. Prices is a rationing m... Read More »
Source: http://answers.yahoo.com/question/index?qid=20110826144723AAa5iIv
What law made it illegal to charge different prices to different ...
This tactic, known as zone-pricing, is not necessarily illegal, but there are laws that circumvent this happening. Read More »
Source: http://www.chacha.com/question/what-law-made-it-illegal-to-charge...
Why is it illegal for all other companies to price fix, price gou...
Gas stations buy their products from refineries, (usually the closest one which make the products these stations sell). It makes sense that the price stations pay in a particular area would be very similar due to the price charged by the re... Read More »
Source: http://answers.yahoo.com/question/index?qid=20090215224255AA7ZjgR
Answers to Other Common Questions
Cigarettes are more addictive than many drugs, and account for more deaths each year, than all the other causes by drug abuse combined. But, unfortunately they cannot be made illegal for many reasons. As you suggest, people would still buy ... Read More »
Source: http://answers.yahoo.com/question/index?qid=20100302054823AAZNsFb
Just a thought, since the gas stations are moving prices up, isn't that on gas the was refined/delivered before any problems, so lets say it cost them $1.00 a gallon. Tthey were selllin git at $1.25, they then jack up the price to $2 bucks ... Read More »
Source: http://forums.audiworld.com/showthread.php?p=22718934
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