Nichols on effort to repeal minimum markup law

Midday with Charlie Sykes

The Wisconsin Policy Research Institute is attempting to get the state of Wisconsin to repeal the state's minimum markup law, a law they say is archaic.

"We've done economic studies int he past...indicating this law costs consumers tens of millions of dollars," WPRI President Mike Nichols said on "Midday with Charlie Sykes" Thursday.

"Consumers...really suffer the most. It forces everyone who buys groceries and gas, just about everybody, to pay more money out of their pocket. It's harmful to businesses who want to compete in the free market."

Charlie & Nichols discussed the reasons that no committee hearings have happened on the repeal effort, let alone a vote.

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