State’s anti-price gouging law found constitutional
JACKSON — The Mississippi Supreme Court has upheld the constitutionality of the state’s price-gouging law.
The justices unanimously overturned a Winston County judge’s ruling that the law was unconstitutionally vague.
Chancellor J. Max Kilpatrick’s ruling came in 2008, when he rejected Attorney General Jim Hood’s lawsuit accusing a Mississippi oil company of charging too much for fuel after Hurricane Katrina. Kilpatrick has since retired from the bench.
The Supreme Court sent the case back to Winston County to determine if Fair Oil Co. in Louisville violated the law.
Fair Oil was one of two companies Hood sued in 2007. The lawsuit accused the company of gouging consumers after Hurricane Katrina struck in 2005.
Source: The Associated Press
To sign up for Mississippi Business Daily Updates, click here.
Top Posts & Pages
- Investigators find massive Ag Museum fire was an accident
- Half century of memories — Christmas on Deer Creek to celebrate 50th anniversary
- Bryant wants free tuition for students with technical diploma
- Analyst: KiOR Columbus plant may end up sold as scrap
- Prison-contract task force working in wake of Epps' indictment
- (UPDATE) Gov. Bryant: $1.2 billion aluminum plant is a very exciting proposition for the state of Mississippi
- Former MDEQ Executive Director Trudy Fisher joins Butler Snow
- WILLOUGHBY: Bernie Reed cites hard work as key to success of Reed’s Metals
- Court hits David Watkins with $600,000 order over Retro Metro issues