Why not Sue for Extortion?

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Why not Sue for Extortion?

Definition for extortion : charging of unfairly high prices: the charging of an excessive amount of money for something
Why does`nt the Government Sue big Oil ??

2007-05-14 01:05:15 · 2 answers · asked by shakespeare 3 in Business & Finance ➔ Small Business

2 answers

That is not the definition of extortion.

Extortion is when you force someone to give you money by threats. Big oil is not forcing anyone to give them money.

Redefining extortion will not cut it.

2007-05-14 01:49:31 · answer #1 · answered by Feeling Mutual 7 · 0⤊ 0⤋

The government does not have a case. If you are not happy with gasoline prices, quit buying gasoline.

2007-05-14 01:10:46 · answer #2 · answered by regerugged 7 · 0⤊ 0⤋