Saturday, March 16, 2024

Grocery price inflation: Biden is taking action

 Felicia Muftic

Biden planning to hit food ‘shrinkflation,’ corporate greed in SOTU
POLITICO.COM
Biden planning to hit food ‘shrinkflation,’ corporate greed in SOTU
Biden planning to hit food ‘shrinkflation,’ corporate greed in SOTU
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There are indeed several problems with grocery prices. Everything else seems to be leveling off or at least similar to inflation of around 3% except groceries. Yes, he is doing what he can about it, and he is supporting plans to deal with shrinkflation, the practice of charging the same for every less product in the package, price gouging, and anti-competition practices such as stopping the merger of Kroger and Albertson/Safeway this month.



Feb. 14, 2024 (DENVER)—After a yearlong investigation, Colorado Attorney General Phil Weiser today filed a lawsuit in Denver District Court to block the $24.6 billion proposed merger between Kroger and Albertsons, two of the largest supermarket chains in Colorado.Feb 14, 2024

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