NOT PRICE CONTROLS
Harris plans to
direct the Federal Trade Commission and other agencies to investigate and penalize “big corporations”
that violate the rules, and to find other ways of tackling price fixing and other anti-competitive practices in the food and grocery industries, her campaign said late Wednesday night.
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 work would include continuing to
examine the proposed merger between Kroger Co. and Albertsons Cos., which faces challenges from the FTC and several states.
The Harris campaign argues that her proposals “stand in stark contrast” to Trump’s economic agenda, which it said “would increase inflation and costs for middle-class families” by levying tariffs on imports of household goods including groceries.
The Democratic nominee is promising to target price gouging and price-fixing within her first 100 days in office.