"FTC's Impact on Consumer Behavior Amid Inflation Concerns"

1 min read
Source: The New York Times
"FTC's Impact on Consumer Behavior Amid Inflation Concerns"
Photo: The New York Times
TL;DR Summary

The Federal Trade Commission has emerged as a key player in President Biden's efforts to combat inflation, filing a lawsuit to challenge a merger between Kroger and Albertsons, echoing the president's focus on corporate greed as a factor in rising grocery prices. With limited unilateral options and little hope for legislative support from Congress, the White House is increasingly relying on the FTC to address consumer concerns about high prices, as grocery costs continue to weigh heavily on consumer sentiment.

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