As Gas Prices Climb, Georgia Takes Action Against Price Gouging
Consumers Asked To Report Suspected Price Gouging
Posted: 7:36 pm EDT September 12, 2008Updated: 5:43 pm EDT September 13, 2008
ATLANTA -- Gov. Sonny Perdue signed an executive order Friday activating Georgia’s price gouging statute to protect Georgia consumers from unlawful increases in gas prices and other products.SOUND OFF: Gas Prices Got You Down?
“The threat of Hurricane Ike has disrupted the production of distribution of gasoline, which will have an effect on prices,” said Perdue.“However, we expect the prices that Georgians pay at the pump to be in line with the prices retailers are paying. We will not tolerate retailers taking advantage of Georgians during a time of emergency,” he added.Consumers told WSB-TV Saturday that many convenience store chains are running out of all or some gas grades.Georgia’s price gouging statute prevents retailers from selling goods or services at an unreasonable or egregious price.The statute does not prevent price increases that accurately reflect an increase in the cost of the goods or services to the retailer, an increase in the cost of transporting those goods or services into the area or an increase due to the market forces of supply and demand.“Mary and I hope and pray the damage caused by Hurricane Ike will be minimal,” said Perdue.“Georgians stand ready to assist our fellow Americans in any way possible as they recover from the impacts of this dangerous storm.”If you suspect price gouging, you’re asked to call the Governor’s Office of Consumer Affairs at 404-651-8600 or 800-869-1123.
“The threat of Hurricane Ike has disrupted the production of distribution of gasoline, which will have an effect on prices,” said Perdue.“However, we expect the prices that Georgians pay at the pump to be in line with the prices retailers are paying. We will not tolerate retailers taking advantage of Georgians during a time of emergency,” he added.Consumers told WSB-TV Saturday that many convenience store chains are running out of all or some gas grades.Georgia’s price gouging statute prevents retailers from selling goods or services at an unreasonable or egregious price.The statute does not prevent price increases that accurately reflect an increase in the cost of the goods or services to the retailer, an increase in the cost of transporting those goods or services into the area or an increase due to the market forces of supply and demand.“Mary and I hope and pray the damage caused by Hurricane Ike will be minimal,” said Perdue.“Georgians stand ready to assist our fellow Americans in any way possible as they recover from the impacts of this dangerous storm.”If you suspect price gouging, you’re asked to call the Governor’s Office of Consumer Affairs at 404-651-8600 or 800-869-1123.
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