Louisiana Supermarket Forced to Increase Milk Price

EPJ13

“Mussolini interventionist government in action.  Louisiana government officials have stopped a promotional sale on milk because state regulations require them to charge at least 6% above invoice and shipping costs.  Fresh Markets in Perkins Rowe [Louisiana] was selling milk for $2.99 a gallon as part of a weekly promotion deal, but Louisiana requires that retailer markups be at least 6 percent above invoice and shipping costs, The Advocate reports.  State Agriculture and Forestry Commissioner Mike Strain said Fresh Market violated state regulations by selling milk below cost as part of a promotion.”

http://www.economicpolicyjournal.com/2013/01/louisiana-supermarket-forced-to.html

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