At a Senate Committee on Commerce, Science and Transportation hearing, Dr. Mark Cooper, Director of Research, Consumer Federation of America, says the Federal Trade Commission’s definition of price gouging is too limited.
Cooper says that in the FTC report, the definition of price gouging is "that if everyone is raising their prices, there is no gouging." He says that with this definition, it will be impossible to find any gouging (:28).
May 23, 2006
Categories
Related
- Gas rose $0.40 under Clinton, $2.60 under Bush
- Senate leadership on both sides pushes energy for gas price relief
- Speaker of the House Nancy Pelosi (D-CA) continued speaking about rising gasoline prices and brought up some possible solutions.
- President Bush makes remarks on energy at the Renewable Fuels Association meeting in Washington DC.
- The oil industry should be regulated more
Latest Audio
Happening Now - TRNS on Twitter
- @bobney: "Cong. Space's arm could be heard twisting" Health Care Whip Count Live Updates: Will Reform Bill Have The Votes? http://shar.es/mfmF0 -- March 19, 2010 17:44:15
- @bobney: According to Cong. Rahall "They want a "commitment to act later" whatever the hell that is" @EmilyMillerDC -- March 19, 2010 17:40:46
- @PoliticalBrief: News and notes from inside and around the White House, Capitol Hill, the Pentagon… http://goo.gl/fb/87HT #PolitBrief -- March 19, 2010 12:51:32
- @PoliticalBrief: Spring is upon us, which means it's time for the green-thumbed to get out in their… http://goo.gl/fb/2zUC #PolitBrief -- March 19, 2010 12:51:31
- @PoliticalBrief: Wall Street Journal: Deal Near on Gitmo, Detainee Trials — The White House is… http://goo.gl/fb/vzxG #PolitBrief -- March 19, 2010 12:51:30
- @PoliticalBrief: AP - The nation's largest association of doctors and the AARP senior citizens… http://goo.gl/fb/NGcE #PolitBrief -- March 19, 2010 12:51:29
- @PoliticalBrief: Reuters - Hispanics, frustrated that President Barack Obama has yet to fulfill a… http://goo.gl/fb/j06v #PolitBrief -- March 19, 2010 12:51:27
- @PoliticalBrief: Obama health care rally in Virginia. Watch. News and notes from inside and around… http://goo.gl/fb/b2sF #PolitBrief -- March 19, 2010 12:07:30
- @PoliticalBrief: Rep. John Boccieri (D-OH) switches from no to yes on health care reform. News and… http://goo.gl/fb/4vqJ #PolitBrief -- March 19, 2010 12:07:29
- @PoliticalBrief: Reporting on big votes like the health care bill in the House can quickly get… http://goo.gl/fb/7nMg #PolitBrief -- March 19, 2010 12:07:28





