  Luttinger semimetals have quadratic band crossings at the Brillouin
zone-center in three spatial dimensions. Coulomb interactions in a model that
describes these systems stabilize a non-trivial fixed point associated with a
non-Fermi liquid state, also known as the Luttinger-Abrikosov-Beneslavskii
phase. We calculate the optical conductivity $\sigma (\omega) $ and the dc
conductivity $\sigma_{dc} (T) $ of this phase by means of the Kubo formula and
the Mori-Zwanzig memory matrix method, respectively. Interestingly, we find
that $\sigma (\omega) $, as a function of the frequency $\omega$ of an applied
ac electric field, is characterized by a small violation of the hyperscaling
property in the clean limit, which is in marked contrast to the low-energy
effective theories that possess Dirac quasiparticles in the excitation spectrum
and obey hyperscaling. Furthermore, the effects of weak short-ranged disorder
on the temperature-dependence of $\sigma_{dc} (T)$ give rise to a much stronger
power-law suppression at low temperatures compared to the clean limit. Our
findings demonstrate that these disordered systems are actually power-law
insulators. Our theoretical results agree qualitatively with the data from
recent experiments performed on Luttinger semimetal compounds like the
pyrochlore iridates [ (Y$_{1-x}$Pr$_x$)$_2$Ir$_2$O$_7$ ].
