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Senate Bill 638 would repeal the 76-year-old Price Control Act that forces Oklahoma businesses to impose a minimum 6 percent markup on retail goods like gasoline, groceries, over-the-counter ...
Congress is back at it again with more last-minute legislative antics. As the U.S. Senate considers the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act (S. 158 ...
The Price Control Act was enacted into law in 1949 and added a 6% markup to goods and essential items, like gasoline, groceries, pet food, and medications.
The Price Control Act marked up essential goods like groceries and gas and has been in play since 1949. Oklahoma lawmakers are now trying to ease the strain on your wallet by passing Senate Bill 638.
hrysippus 1 week, 6 days ago. As a political act to persuade the ignorant that the elected officials are doing a sterling job keeping prices down, then Price control is very effective.
Gov. Jared Polis recently signed House Bill 1010, aimed at curbing what sponsors call “price gouging” during emergencies. Advocates frame the law as against corporate greed, but this is a ...
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