FTC Head Expects Gas Price-Gouging Legislation

Law360, New York (November 17, 2006, 12:00 AM EST) -- The head of the U.S. Federal Trade Commission said Thursday she expects Congress to pass gasoline price-gouging legislation soon, despite her advising against such a move.

The topic came up as FTC chairman Deborah Platt Majoras answered questions during a Panel Discussion at the American Bar Association’s fall conference at the National Press Club in Washington, D.C.

“I think we will see a price-gouging statute passed, perhaps at the end of this Congress,” Majoras said.

Majoras has previously testified and said in speeches that the FTC’s...
To view the full article, register now.