January 25, 2006
from: the Governor's Office of Consumer Affairs
Today Joe Doyle, Administrator, announced 51 additional settlements that have been reached as a result of recent gasoline price-gouging investigations conducted by the Governor’s Office of Consumer Affairs (OCA). OCA began the investigation of price gouging immediately after Governor Perdue’s Executive Order of August 31, 2005, to control spiraling motor fuel costs in the wake of Hurricane Katrina. The first 15 settlements were announced on November 15, 2005.
Under Georgia law, price-control statutes are activated upon the Governor’s declaration of a state of emergency. During the declared state of emergency, businesses may not sell any goods or services necessary to protect the health, safety or property of citizens at prices higher than the prices at which those same goods or services were offered before the declaration of a state of emergency. Absent a declared state of emergency, competition and demand drive prices in our free-market economy.
“The Governor and his Office of Consumer Affairs have taken the issue of price-gouging very seriously and will continue to do so in the future,” said Administrator Doyle.
Cases were evaluated on the individual facts, and the settlements included fines, consumer restitution or both. All fines collected were deposited in the State treasury. To date, the fines assessed against the 66 stations exceed $125,000. If a gas station operator was required to provide consumer restitution, he or she had to post signage for 30 days on the station's gas pumps stating that customers with receipts who were covered by the agreement were eligible for refunds.
OCA, which has received more than 3,300 complaints or inquiries about price gouging since August 31, 2005, is still investigating approximately 35 potential cases. The agency also put hundreds of stations on notice of the provisions of the price-gouging statute in order to avoid future violations.
The recent settlements include the following gas stations:
(South Georgia stations in bold)