Customer Service: Subscribe Now | Manage your account | Place an Ad | Contact Us | Help
 GreenvilleOnline.comWeatherCalendarJobsCarsHomesApartmentsClassifiedsShoppingDating
 
Past: S M T W T F S
Advertisement

Advertisement

The Greenville News
305 S. Main St.
PO Box 1688
Greenville, SC 29602

(864) 298-4100
(800) 800-5116

Subscription services
(800) 736-7136

Newspaper in Educ.
Community Involvement
Our history
Ethics principles

Send:
A story idea
A press release
A letter to the editor

Find:
A news story
An editor or reporter
An obituary

Photo reprints:
Submit a request

RSS Feeds
Top Stories, Breaking News
Add to My Yahoo!
Local News
Add to My Yahoo!
Business
Add to My Yahoo!
Sports
Add to My Yahoo!
Opinion
Add to My Yahoo!
Entertainment
Add to My Yahoo!

Advertisement
Monday, June 12    |    Upstate South Carolina News, Sports and Information

Override gouging veto

Published: Monday, June 12, 2006 - 6:00 am


Law would protect consumers in crises.

Legislators should overturn Gov. Mark Sanford's veto of legislation that would give the attorney general greater authority to investigate price gouging.

The legislation would allow the attorney general to investigate and prosecute price gougers by issuing a "notice of abnormal disruption of the market" when a state of emergency declared by the president creates a dramatic change in the market price for commodities. In pushing for the legislation, Attorney General Henry McMaster also stressed the need to preserve the free market.

Sanford's main objection to the law is that it would have given the attorney general too much power. In his veto message Sanford wrote, "having both the emergency declaration and prosecutorial decision made by the same person is fraught with the potential for abuse."

Advertisement

Had this process been in place in the wake of Hurricane Katrina, McMaster would have been able to more easily investigate high gasoline prices. Seven gas station owners earlier this year reached a civil settlement with the state after charging an average of $4.59 a gallon for gasoline after the storms.

Sanford's veto assumes misuse by the attorney general. It also ignores how difficult this law would be to abuse: Circumstances that create an abnormal market disruption would, by their definition, be plainly evident and difficult to fabricate. This bill would rob the governor of no authority and would put businesses in no jeopardy.

Most importantly, Sanford ignored how this bill would further protect consumers from vultures who might capitalize on miserable circumstances.


Article tools

 E-mail this story
 Print this story
 Get breaking news, briefings e-mailed to you

Related news from the Web


Sponsored links

 


Advertisement


GannettGANNETT FOUNDATION

Copyright 2005 The Greenville News.
Use of this site signifies your agreement to the Terms of Service and Privacy Policy, updated June 7, 2005.

USA WEEKEND USA TODAY