Wis. AG won't appeal minimum gas markup decision
MADISON, Wis. (AP) — Attorney General J.B. Van Hollen says he won't appeal a federal judge's decision striking down Wisconsin's minimum markup on gasoline.
The 1939 law prohibits retailers from selling products for less than they paid. Gas stations must tack on 6 percent over what they paid or 9.18 percent over the average wholesale price of gas, whichever is higher.
U.S. District Judge Rudolph T. Randa ruled in February the law violates federal antitrust statutes.
Van Hollen says an appeal wouldn't be wise.
He says state consumer protection officials haven't asked for an appeal. He also says the Legislature is in the best position to change the law to comply with federal statutes.
Mar 11, 2009 at 12:07 a.m.
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Let the free market prevail. No matter what kind of business, nobody can sell for less than their wholesale cost for long. Profit isn't a dirty word. It's necessary to stay alive. It has to come from somewhere within the business.
Mar 10, 2009 at 8:51 p.m.
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Mom and Pop- Ya mean Poppa Hashim and Momma Rashied.........
Mar 10, 2009 at 5:42 p.m.
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luvujvl, what 'mom & pop' gas stations?
Those all disappeared awhile ago.
Mar 10, 2009 at 5:24 p.m.
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It means that the bigger companies can sell gas for less, driving the smaller (Mom & Pop) companies out of business.
Mar 10, 2009 at 3:39 p.m.
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It means gas stations have more flexibility in deciding what they want to charge for gasoline.
Mar 10, 2009 at 2:16 p.m.
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well it's about time we get big brother out of our life; what if a person wants to give something away whats it to the rest of us/
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