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by milkytron 1458 days ago
Can they though? Is congress allowed to control how much profit a company can make on the market?
2 comments

One of Congress's powers is to regulate interstate commerce. The scope of that power has been stretched to be commically large; but profit controls in the gas market clearly fall within that power.

Price/profit controls have been done numerous times in the US to verying degrees of success.

Yes, why wouldn’t they be?