Harris to Call For ‘Price Gouging’ Ban on Food and Groceries.

This is just a poorly-worded attempt at anti-trust action, which is great. We need a lot more of that. These are not “price controls” in any traditional (or harmful) sense.

Harris, in her speech, will specifically single out the highly consolidated meat industry, deeming its processing middlemen “particularly egregious” price fixers with a history of being found to have illegally controlled prices.

She also plans to direct her administration to carefully scrutinize proposed mergers between large food companies with an emphasis on considering whether they will result in higher grocery prices for consumers

That’s exactly what the FTC and DOJ should be doing a whole lot more of. We need to get American trust enforcement back on track as illegal consolidation and related price fixing is causing unnecessarily high inflation. I support what she’s doing 100%, but not the speechwriter who put those words in her mouth. This statement also makes it more likely she’ll keep Lina Khan in place at the FTC, who is the best chair that org has had since the 1950s.