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Shining Light on Farm & Food Policy for 20 Years.
Monday, November 18, 2024
Legal experts and economists say it's hard to tell how a federal ban on price gouging in the food industry would work, warning that price controls such as those suggested by Vice President Kamala Harris could come with unintended consequences.
High food prices have become major talking points in the upcoming presidential election, with both sides pointing to different causes for pricey grocery store receipts over the past four years. Economists say a number of factors have been at play, depending on the type of food.
Vice President Kamala Harris on Friday promised to control food inflation, an issue that has dogged Democrats throughout the campaign season, by threatening penalties on companies that raise prices unfairly.
