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"Price-gouging" law passes House



Someone needs to explain to House Republicans that it does little good to pass pin-prick liability reform measures with one hand if with the other they pass wildly vague legislation expanding liability by potentially substantial amounts that could, if the FTC or local state attorneys general are overambitious, bring back the gas shortages of the 1970s. The Wall Street Journal points out that the bill can have no beneficial effects on gas prices.

 

 


Isaac Gorodetski
Project Manager,
Center for Legal Policy at the
Manhattan Institute
igorodetski@manhattan-institute.org

Katherine Lazarski
Press Officer,
Manhattan Institute
klazarski@manhattan-institute.org

 

Published by the Manhattan Institute

The Manhattan Insitute's Center for Legal Policy.