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Posted by NunYa Bidness on 10/30/05 22:52
On Mon, 31 Oct 2005 07:59:10 +1100, "The Man With No Name"
<none@none.com> Gave us:
>
>"Tarkus" <karnevil9@beer.com> wrote in message
>news:1o4z73kufjm01.dlg@tarkus.karnevil9.com...
>> On 10/30/2005 11:33:29 AM, Mark Spatny wrote:
>>
>>> On Fri, 28 Oct 2005 20:18:47 -0400, Rich <none@none.com> wrote:
>>>
>>>> The Orient sees theft as normal business practice,
>>>
>>> As opposed to American oil companies, which use any excuse to jack up
>>> prices and gouge consumers, even though they have been making record
>>> profits.
>>>
>>> The entire world sees theft as a normal business practice...It's just
>>> called different things depending on whether you are doing the
>>> thieving or on the receiving end.
>>
>> It's not theft to raise your prices to meet demand. It's called
>> capitalism. There is no law that says you're only allowed to make a
>> certain amount of profit.
>> --
>> "I don't reckon I got no reason to kill nobody. Mmm."
>>
>> Now playing: the radio.
>
> Actually, I think there are some sort of laws to that effect.
>
> I recall reading on Snopes.com about a gas-station that raised it's prices
>to ridiculous levels (something like $10 a litre) around the time of the New
>Orleans floods, but were quickly ordered by the FCC to lower them back to
>reasonable levels.
> Not exactly sure what the technicalities of it are, but there are laws like
>that.
>
That would be the FTC. The FCC has nothing to do with gasoline, or
those that sell it.
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