Friday, September 03, 2010
Ind. Decisions - 7th Circuit decides suit challenging to Wisconsin’s gasoline pricing regulations
MADISON, Wis. (AP) -- A federal appeals court on Friday reinstated Wisconsin's 71-year-old minimum markup law on gasoline, a decision that could limit competition among retailers and drive up gas prices.
Siding with an association representing small gas station owners, the 7th Circuit Court of Appeals ruled the law that requires retailers to sell gas above cost does not encourage illegal price-fixing.
The court lifted an order imposed last year that put enforcement of the law on hold after U.S. District Judge Rudolph Randa concluded it violated federal antitrust law and increased the price at the pump.
Posted by Marcia Oddi on September 3, 2010 01:54 PM
Posted to Ind. (7th Cir.) Decisions