Biden's White House tackles junk fees, mergers, and consumer costs for reelection

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Source: CBS News
Biden's White House tackles junk fees, mergers, and consumer costs for reelection
Photo: CBS News
TL;DR Summary

The White House is targeting "junk fees" in apartment rentals, with major online real-estate marketplaces agreeing to include hidden costs in upfront advertised pricing. The administration is also taking actions to combat price gouging in various sectors and promising clearer guidelines on antitrust law enforcement. The Agriculture Department is partnering with state attorneys general to crack down on high prices in the food industry, while the Justice Department plans to assist in rooting out anticompetitive practices. Additionally, the Justice Department and Federal Trade Commission released updated draft guidelines on mergers to ensure competition is preserved in the modern landscape.

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