Posted on 03/05/2024 12:59:31 PM PST by ChicagoConservative27
President Joe Biden on Tuesday will launch a task force to combat “unfair and illegal” corporate pricing amid record inflation under the 46th president.
The Federal Trade Commission (FTC) and the Department of Justice (DOJ) will lead the task force to police what the Biden administration believes are the reasons consumers are experiencing higher prices than ever.
“We’re excited to be co-chairing the president’s new Strike Force on Unfair and Illegal Pricing, which builds on the FTC’s far-reaching work to promote competition and tackle unlawful business practices that are inflating costs for Americans,” FTC Chair Lina Khan said.
(Excerpt) Read more at breitbart.com ...
Unfair and illegal DAs you say?
Unfair and illegal educators?
Unfair and illegal aliens?
Piss off Cookie Monster and Joe
He’s trying to out Jimmy, Carter.
How is it legal for a Taxpayer supported program (sesame street, Cookie Monster) to campaign for Biden’s “shrinkflation”?
Just liked shovel ready . Will never forget Imeld GE chair laughing she with Obama and Barry stated well I guess they weren’t
Bingo
The grifters cycle personified
I guess his transportation czar could get the key element of distribution under control
Too busy with wokeism
👍👍🤣🤣
Bamboozle Rule #7) Distract, with shiny object.
Any business approaches for data/information on their costs should just decline and/or tell the government to go pound sand.
“DOJ and FTC, along with other agencies on the Strike Force, will focus their collaborative efforts on key sectors where corporations may be violating the law and keeping prices high, including prescription drugs and health care, food and grocery, housing, financial services, and more.”
“The Consumer Financial Protection Bureau (CFPB) finalized a rule to slash credit card late fees from the current average of $32 down to $8, saving consumers $10 billion a year, or an average savings of $220 per year for the more than 45 million people who are charged these late fees annually.”
“Analysis of a number of major sectors across the economy show that consumers pay $90 billion in junk fees every year, including on live event tickets, internet and cable fees, apartment rentals, banking fees, auto dealer fees, and more. “
“Today, the Department of Agriculture (USDA) finalized a rule to protect the farmers and ranchers who produce meat and poultry by cracking down on processing companies’ deceptive contracts, banning retaliatory practices that prevent small producers from raising concerns or coming together in associations.”
“In addition, the FTC finalized a rule to ban auto dealers from using bait-and-switch tactics to deceive consumers and to stop auto dealers from charging hidden junk fees for services that provide no additional value.”
Nasty old fart is going to play this game at the SOTU . He will blame everyone else for the high prices but himself. He is at fault.
This sounds like a perfect promotion for Letitia James! HOW DARE COMPANIES PRICE GOODS TO MAKE A PROFIT!!! FINE THEM ALL!!
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