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The FTC is coming after high grocery prices (qz.com)

submitted 3 months ago by return2ozma to c/news

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[–] return2ozma 45 points 3 months ago (4 children)

On Thursday, during a virtual public meeting hosted by the FTC and the Department of Justice, Khan said the probe would “shed light” on why prices and profits at grocery chains “remain so high even as costs appear to have come down.”

"We want to make sure that major businesses are not exploiting their power to inflate prices for American families at the grocery store,” she said.

Khan plans to formally ask the FTC to launch an inquiry, but the process will only proceed if the commission votes in favor of it. Should the inquiry gain approval, the agency would require big grocery chain operators to provide information on their sales, costs, and profits for commonly purchased items.

[–] Fredselfish 65 points 3 months ago (3 children)

This why the GOP want to have her removed and why billionaires were asking Harris to have her removed. We need vote and make damn sure she stays in power and FTC gets teeth to fight against all the greed.

[–] return2ozma 7 points 3 months ago (2 children)

Watch this new video about her from More Perfect Union: https://youtu.be/J7ZdU-1fF8g

[–] TheLimiter 6 points 3 months ago (1 children)

Thanks for posting this.

[–] return2ozma 5 points 3 months ago

We must protect her at all costs.