August 22, 2011

Passage of Wisconsin’s Anti-price Gouging Bill Boosted by President Bush’s Public Remarks

Michael Giberson Wisconsin didn’t have an anti-price gouging law in 2001, so the state government’s response to post-9/11 reports of gasoline price gouging was pretty limited. While the Wisconsin governor called for an investigation of gasoline retailers, for all practical purposes the investigation was limited to fighting collusion in price setting and instances in which stations …

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Post 9/11 Gasoline Price Gouging in Wisconsin: Two Views

Michael Giberson The terrorist attacks of September 11, 2001, created a great deal of uncertainty and fear among Americans. In the retail gasoline market, some (but not all) consumers reacted to the uncertainty and fear by heading to a gas station to fill up their tanks. Some (but not all) gasoline retailers reacted to the …

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