Only in America - Sued for low prices.

[KY_EnviroGuy]

Gas Station facing lawsuits over cheap prices
Mar 19, 2022
WISN 12 News

I wonder what Wisconsin free-market freaks say about this situation.....

[LT Barclay]

1. Can the defenders of capitalism here take a moment and explain this one?

[PoliticAverse]

4. The suit appears to be based on a law that prevents a business from selling gasoline below their

cost.

In general the reasoning behind such laws is to prevent a large, well capitalized company from entering a market and selling their products below cost until all smaller competitors are driven out of business.

[rurallib]

10. The old "gas war" days prior to the '70s

[packman]

2. HUH- What the hell

Ain't America great - damn, if you do- damn if you don't. "Below costs???"- You mean someone, some thing sets the min. price for items? Free enterprise is B.S. just as I always suspected.

[multigraincracker]

5. Google "Speedway Effect".

Talk about 'Collusion".

[jimfields33]

6. Read number 4. Brilliantly explains why this is necessary.

[multigraincracker]

3. Here is the truth, from the inside of a gas station.

They make their money on the crap they sell inside the store.
The District and Regional Managers come in with sales goals on the crap, not fuel. That is how they get, up to 30% of their compensation, on the bonuses for pushing roller dogs, candy bars and smokes.
When ever they raise their gas prices, make it point not to buy anything in the store. They'll catch on very quickly.
I'd bet dollars to donuts that one station is killing them on those items. Costco gets its on membership cards.
After I retired, I got bored and got a part time job at a Speedy Station. I learned the ropes and paid attention. For what it's worth.

[KY_EnviroGuy]

8. Similar to restaurants and their liquor sales. n/t

[multigraincracker]

9. My retirement side gig is

selling antiques in the mall. Low price sells fast. I just have to put in the miles to find stuff cheap.

[Snarkoleptic]

7. They're pissed that Woodman's and Costco won't go along with their price-fixing scheme.

n/t

[kacekwl]

11. Might be working as I was in Wisconsin today

and gas at Woodman's was the same price as the others. Normally they are 8 to 10 cents cheaper.