4.9.10

I'LL NEVER LACK FOR WORK. Wisconsin's minimum gas markup law reinstated.

A federal appeals court Friday revived Wisconsin's controversial minimum markup law on gasoline sales after a lower court last year blocked enforcement of it.

The decision by a three-judge panel means the state can once again enforce the 1939 law aimed at protecting small-time gas station operators. Many mom-and-pop operators have said the law prevents them from being run out of business by companies that could sell gas at or below cost.

Distinguish protecting competitors from protecting competition. Evaluate the sustainability of a business model that involves selling below cost.

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