Harris Will Back Federal Ban on Price Gouging, Campaign Says

Vice President Kamala Harris plans to call for a federal ban on corporate price gouging on groceries in an upcoming economic agenda speech. The aim is to hold large companies accountable for the high costs of consumer staples. The plan aligns with the Biden administration’s efforts to target corporate consolidation and price gouging. It includes promoting competition in the meat industry and opposing the merger of Kroger and Albertsons. Harris aims to shift the blame for high inflation onto corporate America, attracting support from voters. The details on how the ban would be enforced or what specific corporate behaviors would be outlawed were not provided in the announcement.