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Court Allows Gas Price Markups in Wisconsin

Courthouse News Service -- Wisconsin can once again enforce a minimum markup on gas prices after the 7th Circuit dissolved an order barring the markups, citing a lack of evidence that they violate federal antitrust regulations.
Flying J, a Utah-based gas supplier, challenged the Wisconsin Unfair Sales Act, which requires in-state gas dealers to mark up prices by at least 6 percent. The markup allows competitors to meet, but not beat, others' prices.
Flying J said the law stifled competition by blocking it from selling gas in Wisconsin for less than the statutory requirement.
The Federal Trade Commission and the Wisconsin Policy Research Institute have both concluded that the law prevents competitive price-cutting and encourages price collusion at the expense of Wisconsin consumers.
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Submitted Sep 07, 2010 By: Turk182

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FranklinGasGuy Champion Author Nashville Posts:6,300 Points:1,209,785 Joined:Aug 2008	Message Posted: Sep 8, 2010 11:07:36 AM Ignore FranklinGasGuy Report Abuse It would be nice to only get 6 percent markup in the area I live. They take wholesale plus taxes then add up to 8 to 10 percent.
granitestater Champion Author New Hampshire Posts:6,324 Points:1,020,420 Joined:Oct 2008	Message Posted: Sep 8, 2010 7:03:10 AM Ignore granitestater Report Abuse HERE'S AN EXAMPLE OF GOVERNMENT MAKING GAS PRICES HIGHER!
gs7101 Champion Author San Antonio Posts:3,213 Points:245,805 Joined:Jun 2009	Message Posted: Sep 8, 2010 6:36:19 AM Ignore gs7101 Report Abuse I'm glad I don't live in the state of Wisconsin!
SAVEITIL Champion Author Chicago Posts:2,950 Points:705,565 Joined:May 2009	Message Posted: Sep 8, 2010 6:08:12 AM Ignore SAVEITIL Report Abuse Wow someone had gas higher in the midwest than Chicago?
Luckylindy Champion Author Milwaukee Posts:2,161 Points:670,095 Joined:May 2008	Message Posted: Sep 8, 2010 6:01:41 AM Ignore Luckylindy Report Abuse Coughlin, please tell me what is good about this? All this has done is driven up the price of gas and made sure that competition does not drive prices. Wisconsin has to be the capital of stupid liberal ideas. Due to their stupid minimum markup laws some of our prices have been higher than Chicago.
coughlin Champion Author San Jose Posts:3,346 Points:757,100 Joined:Sep 2009	Message Posted: Sep 8, 2010 12:29:56 AM Ignore coughlin Report Abuse Good.
CrackedLCD Champion Author Alabama Posts:6,679 Points:1,294,375 Joined:May 2008	Message Posted: Sep 8, 2010 12:10:40 AM Ignore CrackedLCD Report Abuse So much for the free market, huh? It's kind of funny though to think that Flying J of all companies is complaining about not being able to sell gas as cheaply as they want. Back when it was privately owned Flying J has some of the best deals on good diesel fuel around and were almost always the cheapest truck stop for truckers and diesel passenger cars. Now, they're a public company under different ownership and their prices are sky high. They have set their prices to the exact same as any competing truck stop at each exit, so there is NO MORE CHOICE for truckers, price wise. I know you may think it's irrelevant to you in your gas hog SUV, but keep in mind the costs trucking companies pay for fuel is passed down to all of us. That they no longer have a cheap option in Flying J anymore means we ALL pay more for our products.
Huskersed All-Star Author Atlanta Posts:703 Points:337,950 Joined:Nov 2008	Message Posted: Sep 7, 2010 11:15:10 PM Ignore Huskersed Report Abuse Shocking news.
kag2010 Champion Author Winnipeg Posts:2,900 Points:562,385 Joined:Apr 2010	Message Posted: Sep 7, 2010 10:05:11 PM Ignore kag2010 Report Abuse Posted !!!!!!!!!!!!!!!!!!!!!!!!!!
amerk73 Champion Author Dallas Posts:4,720 Points:1,158,180 Joined:Oct 2008	Message Posted: Sep 7, 2010 8:22:31 PM Ignore amerk73 Report Abuse PLANO TX $2.33 STILL HIGH
DrivingFool2 Champion Author Appleton Posts:6,187 Points:1,146,390 Joined:Apr 2005	Message Posted: Sep 7, 2010 6:56:43 PM Ignore DrivingFool2 Report Abuse BOHICA- dang if were not being taken to the cleaners again in Wisconsin.
jwitt79 Rookie Author Seattle Posts:38 Points:352,680 Joined:Dec 2005	Message Posted: Sep 7, 2010 5:26:04 PM Ignore jwitt79 Report Abuse Pawned
jwitt79 Rookie Author Seattle Posts:38 Points:352,680 Joined:Dec 2005	Message Posted: Sep 7, 2010 5:25:56 PM Ignore jwitt79 Report Abuse Posted
jwitt79 Rookie Author Seattle Posts:38 Points:352,680 Joined:Dec 2005	Message Posted: Sep 7, 2010 5:25:47 PM Ignore jwitt79 Report Abuse Yes please steal our money. Way to go legal system!!!
BMW2014 Champion Author Toronto Posts:1,794 Points:364,300 Joined:Jun 2010	Message Posted: Sep 7, 2010 5:24:21 PM Ignore BMW2014 Report Abuse Repost
tarheelcoastie Champion Author Greensboro Posts:3,013 Points:664,470 Joined:Jan 2009	Message Posted: Sep 7, 2010 4:10:05 PM Ignore tarheelcoastie Report Abuse Crazy! I wonder which lawmaker got a payoff for this law.