Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Bloomberg Customers

http://www.businessweek.com/ap/2013-01-25/okla-dot-bill-seeks-repeal-black-friday-sales-ban

AP News

Okla. bill seeks repeal 'Black Friday' sales ban


OKLAHOMA CITY (AP) — A state senator from Oklahoma City is introducing a bill that would repeal a 70-year-old state law and allow retailers to have "Black Friday" sales with dramatically reduced prices.

State Sen. David Holt says a 1941 state law requires retailers to sell products for at least 6 percent more than they paid for it. And a 2011 opinion from the state's attorney general confirms the law bars sales of deeply discounted merchandise, even if they are only temporary.

The Oklahoma City Republican says the law is outdated and puts Oklahoma at a competitive disadvantage with neighboring states.

Holt says his bill keeps in place exemptions for the fuel industry and prescription drugs.


LIMITED-TIME OFFER SUBSCRIBE NOW
 
blog comments powered by Disqus