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

submitted 3 months ago by [email protected] to c/[email protected]

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[–] [email protected] 45 points 3 months ago (1 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.

[–] [email protected] 64 points 3 months ago (1 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.

[–] [email protected] 7 points 3 months ago (1 children)

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

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

Thanks for posting this.

[–] [email protected] 5 points 3 months ago

We must protect her at all costs.