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Will the FTC begin investigations into food price gouging violations by December 31, 2024?
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Official announcements from the FTC or major news outlets
Story
Kamala Harris Proposes Food Price Gouging Ban, FTC to Investigate Violators
Aug 16, 2024, 06:43 PM
Vice President Kamala Harris has announced her intention to implement a federal ban on food price gouging if elected President. The proposed policy aims to grant federal authorities new powers to regulate and investigate food and grocery price hikes, with the Federal Trade Commission (FTC) tasked to investigate violators. Harris emphasized her commitment to reducing costs and increasing economic security for Americans, drawing on her personal experiences growing up in a middle-class household. The plan includes penalties for companies exploiting crises and support for smaller food businesses. This initiative forms part of her broader strategy to address economic issues, which are central to the 2024 election discourse.
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