Current Events > Tennessee Brothers lose $15,000 after Government SEIZED their HAND SANITIZERS!!

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fire_bolt
03/16/20 4:54:36 AM
#51:


Doe posted...
if the brothers were suspected of illegal price gouging


TN has strict price gouging laws. These guys are looking at up to a $3000 fine per count, and if I understand correctly per "count" in this case will mean each specific product sold. And not just like "Toilet paper" but like each specific brand of toilet paper they had for sale or whatever other products they had. Doesn't look like there's any jail time associated with it though.

https://consumer.findlaw.com/consumer-transactions/price-gouging-laws-by-state.html
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snowman9267
03/16/20 5:21:14 AM
#52:


Evening_Dragon posted...
I wish I had known more about this when I still had pets. I will carry this guilt always.

Don't beat yourself up about this, your pets were fed and cared for which is a better fate than being hungry or alone.

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chrono625
03/16/20 5:43:22 AM
#53:


ssjevot posted...
The major problem I see here is when a corporation does this it isn't a problem. There are drug companies marking essential drugs up many times their price overseas with imports banned. It just seems like American capitalism is a racket for large corporations and the small guys get a different set of rules that the big guys actively pay politicians to write them out of.

the medical companies set the market for the drugs since they are the marketplace for them. Its hard to say what gouging is for medicine because we dont know the R&D that went into producing them.

there is a market price for all of these products already and these guys are fucking it up by charging 2000% above market on necessary medical supplies and cleaners.

the government has every right to step in and seize this stuff given the nature and severity of the issue at hand.

they also had the balls and audacity to sit there and say they were providing a service to needy people when they and their ilk are the direct cause of the need.

they had already sold a bunch of it and were way ahead of their $17,000 buy in. So if the government gives them a flat fine and no jail time they should consider themselves lucky. Get fucked.

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karlpilkington4
03/16/20 5:56:57 AM
#54:


undefined posted...
Thing is the government as far as im aware had no legal right to seize the property. And they are the ones making the laws. Im not defending these guys I just think it sets a dangerous precedent that people are ok with it.


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Trigg3rH4ppy
03/16/20 6:36:01 AM
#56:


I really hope newspapers keep outing these people like the nyt, glad his life was ruined. He deserves whatever may happen to them.

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mooreandrew58
03/16/20 7:02:10 AM
#57:


Doe posted...
With how broad civil asset forfeiture is, if the brothers were suspected of illegal price gouging, I believe the items could be legally taken. But regardless, of course government powers are extended during a national emergency.

I can back down and agree to that. I just hope the government doesn't just take it for themselves and instead lets a hospital or something have it.

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Evening_Dragon
03/16/20 1:12:44 PM
#58:


https://www.yahoo.com/lifestyle/tenn-brothers-donate-sanitizer-products-183048801.html

Some went to a local church, some is going back to stores. I like how the link frames them as donating it; turns out they had already made a ton of money off this stuff already.

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fire_bolt
03/16/20 1:24:17 PM
#59:


Evening_Dragon posted...
https://www.yahoo.com/lifestyle/tenn-brothers-donate-sanitizer-products-183048801.html

Some went to a local church, some is going back to stores. I like how the link frames them as donating it; turns out they had already made a ton of money off this stuff already.


TN law will force them to refund sales and pay hefty fines. They won't get to keep a penny of profit
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#60
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IShall_Run_Amok
03/16/20 2:34:55 PM
#61:


Paper_Okami posted...
capitalism in a nutshell


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fire_bolt
03/16/20 4:17:22 PM
#62:


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mrduckbear
03/16/20 7:57:22 PM
#63:


the majority are happy they got screwed
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