A group of Democratic lawmakers are calling on President Joe Biden to investigate grocery store chains for price manipulation, writing in a letter sent Monday morning that he should use executive authority to take additional enforcement action to address rising food prices without the help of Congress. [time-brightcove not-tgx=”true”] The letter, shared exclusively with TIME, comes after a report from the Federal Trade Commission (FTC) found that major grocery chains took advantage of supply chain disruptions during the pandemic to hike up prices to increase their profits.

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BING NEWS:
  • Democrats Ask Biden to Investigate Grocery Store Price-Fixing
    A group of Democratic lawmakers are calling on President Joe Biden to investigate grocery store chains for price manipulation, writing in a letter sent Monday morning that he should use executive ...
    05/14/2024 - 7:06 am | View Link
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