Tuesday, October 11, 2005

Price Gouging?

This afternoon, Charlotte's Mr. Right mentioned an article on claims of price fixing in the Charlotte Observer.

Jason adds that you can't really price something above the market price... as the market determines the market price. If you want something sold, you place a price on it that the item will sell at and at a price that you will get the profit you want.

He also suggests that Attorney General Roy Cooper is suing for price fixing to get publicity so he can run for governer of North Carolina. This may sound like a similar statement Jason may have made regarding a certain Attorney General Mike Hatch of Minnesota... you may very well think that, but I couldn't possibly comment. ;)

Jason later added that John Stossel's recent column addresses so called fair wages.


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