Price Controls - Rocky Mountain Voice

By Rep. Ken DeGraaf | Guest Commentary, Rocky Mountain Voice HB26-1012“A PERSON IS PRESUMED TO BE ENGAGED IN AN UNFAIR OR DECEPTIVE TRADE PRACTICE IF THE PERSON CHARGES A CAPTIVE CONSUMER A PRICE FOR AN ANCILLARY GOOD OR SERVICE THAT IS MORE THAN THE AVERAGE PRICE OFFERED FOR A COMPARABLE GOOD OR SERVICE SOLD IN THE COUNTY IN WHICH THE CAPTIVE CONSUMER PURCHASES THE ANCILLARY GOOD OR SERVICE” Welcome to bill #12 of over 700 to be considered and passed into law in 120 days of session. The Democrats keep piling on regulations that jack up costs for everyone, then act like the fix is squeezing vendors harder—instead of slashing the taxes, fees, and mandates they've created. They could drop sales taxes on basics, cut absurd airport fees, or repeal rules that inflate...

By Cory Gaines | Commentary, Colorado Accountability Project Captive customer price controls--the camel’s nose under the tent? Colorado Democrats are tinkering in the market again, going after a variety to things including so-called "captive customers".Quoting the Complete Colorado article below (with links intact):"House Bill 26-1012 is part of a package of legislation majority Democrats have in mind to regulate consumer prices and limit what the bill sponsors claim is price gouging. “Consumer Protections to Promote Fair Market Pricing” is the only bill in the package introduced so far."There's more to the bill, but the part relevant to this post relates to what the sponsors define as captive customers. Quoting again:"The bill also requires all vendors selling to...

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Tag: Price Controls

A ‘county average’ for pretzels: Colorado’s next price-control creep

The camel’s nose under the tent: Why Colorado’s “captive customer” bill matters

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