Congress seen passing price-gouging law (AP)

by Populux | November 17, 2006 at 12:36 am
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WASHINGTON - The head of the Federal Trade Commission predicted Thursday that Congress would pass a gasoline price-gouging law despite her warnings that the country doesn't need one and it might cause fuel shortages. FTC Chairwoman Deborah Platt Majoras said she has warned Congress publicly and privately about the dangers of such a law. "We looked vary carefully but didn't see any new legislation needed to protect consumers," Majoras said at an antitrust conference Thursday. "Will new legislation ...
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