KNOTT COUNTY, Ky. (WTVQ/Press Launch) – Kentucky gas retailer and comfort retailer, Brothers Market, in Knox County, has settled with the state allegations of unfair enterprise practices associated to extreme gas costs following the Colonial Pipeline shutdown.
“Due to ideas from involved Kentuckians, we investigated elevated gas costs at Brothers Market and reached a settlement with the enterprise for excessively growing gas prices to benefit from shoppers following the Colonial Pipeline shutdown,” stated Lawyer Common Daniel Cameron, who introduced the settlement.
Following a cyberattack on the Colonial Pipeline, which created a disruption within the supply of gasoline, Cameron’s Workplace of Shopper Safety obtained 11 complaints of suspected value gouging of gasoline at Brothers Market in Girdler, Ky.
Whereas investigating these complaints, the Knox County retailer admitted to growing gasoline costs to capitalize on elevated shopping for spurred by the Colonial Pipeline shutdown.
Through the investigation, the Workplace of Shopper Safety found the retailer elevated the worth of standard gasoline by 9.3 p.c to 19.4 p.c and offered 6,860.04 gallons of standard gasoline, accumulating $5,666.40 in extra revenue because of the inflated costs.
Particular Lawyer Rebecca Worth labored with Brothers Market’s lawyer and reached an settlement.
Beneath the settlement, Brothers Market agreed to:
• Pay $5,666.40 in revenue disgorgement;
• Adjust to the Kentucky Shopper Safety Act by not promoting or providing to promote gas at its station or another station owned or operated by Brothers Market in Kentucky for unconscionable costs.
If the retailer violates the Kentucky Shopper Safety Act once more, the shop might be responsible for the waived civil penalties, totaling $41,160.24, and can face extra enforcement motion by the Lawyer Common’s workplace.