Ok so I am not an expert but from my recent experience in gas pricing would now be called gas gouging... Anyone in the South east right now can tell you that the gas prices right now are completely crap! Read More »
Retail Pricing

Justices End 96-Year-Old Ban on Price Floors
The Supreme Court ruled yesterday that manufacturers and distributors were no longer banned from agreeing together on a set minimum price for retail goods.
The decision will give producers significantly more leeway, though not unlimited power, to dictate retail prices and to restrict the flexibility of discounters.
Goodbye, Wal-Mart?
This law, that had been in place for nearly a century, is considered pertinent to maintaining competition among stores and, therefore, keeping prices reasonable. However, despite the 4 dissenting judges who agreed with the 37 states on this point, 5 judges decided that overturning this ban would, in some instances, increase competition and subsequently better service. Read More »



