"Lawmakers Investigate Grocery Stores for Price Gouging Amid Pandemic"
Connecticut lawmakers, led by Democrats, are calling on major grocery stores to disclose their profits following an FTC investigation that revealed a spike in grocery store profits since the COVID-19 pandemic. They argue that rising prices at the grocery store may be due to excessive profits rather than ordinary market fluctuations, and are requesting detailed information from retailers to determine the cause of the increase in grocery prices. However, the Connecticut Food Association has pushed back, stating that there's no solid data to support claims against any Connecticut retailers, while the FTC concluded that additional study on the issue must be conducted.