Posted by Kruse on April 19, 2011 at 09:48:38 from (24.246.220.141):
I guess I'll get the rant out of the way first. I just filled up my van and the price on the sign was $.10 lower than what was registered at the pump. When I went in to pay, an attendant was just going outside to change the price on the sign. Yea, I should have whined to holy h*ll, but I live with these people, so I just made a comment to the coffee-drinkers and let it slide. I know that if I owned the business, the price on the sign would go up before the price on the pump. Okay, I'm off my soap box now.
Now for my legal question of the day: There are two stations in my town of about 700. Station "A", (the one I just used) sells gas, liquor and convenience items. Station "B", sells gas, oil changes, tires, repairs and the like.
One station's price of gas is always $.01 higher than the other one. Always has been. Probably always will. When a new tanker of higher priced gas comes into town, station "A" will call station "B" and tell them that they need to raise their prices, or vice versa. The practice of calling the "competitor" and telling them that the price of gas needs to be raised (or in the rare instance of lowered) has been going on for as long as the town can remember, at least 50 years. Station "A" and station "B" have different owners.
So my question is this: Is it legal? Years ago, I read about collusion or some other law that might be being broken here. Maybe I just dreamed it. I'm sure that in a small town there would be no monopoly laws being broken. Is there any law against this? (An enquiring mind wants to know) At the very least, at least I one reason why gas prices are being raised.
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