Louisiana Supermarket Forced to Increase Milk Price
"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." Continue reading →