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Exxon Mobile Unhappy with FL’s Price Gouging Statute

October 13th, 2009 by Mike Vasilinda

The States Price Gouging statute is under attack by Exxon Mobile. The Oil Company says the statute is unclear. But Governor Charlie Crist, who used the law to clamp down on companies raising prices after hurricanes as Attorney General, disagrees.

Oh yeah. I think is very clear,” Crist said. “You know, I think you know it when you see it. And I know a jury certainly would. And any consumer that has a good common sense approach would understand it very well, I think.

The law doesnt specify how much of a price increase constitutes price gouging, but rather suggest inappropriate increases during an emergency are wrong.

Posted in Business, Charlie Crist, Gas Prices, State News | No Comments »

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