The Harris-Walz campaign aims to propose a federal ban on corporate price-gouging in the food sector, addressing economic woes related to rising grocery costs.
'There's a big difference between fair pricing in competitive markets, and excessive prices unrelated to the costs of doing business,' the campaign stated, underscoring ongoing struggles with grocery bills.
Food prices have surged by 21% over the past three years while wages remain stagnant, leaving many unable to afford basics or rent.
'Kroger's acquisition of Albertsons would lead to additional grocery price hikes for everyday goods,' warned Henry Liu, addressing the consequences of industry consolidation on consumers.
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