Former President Donald Trump is attacking Vice President Kamala Harris’ plan for a federal ban on price gouging by grocery stores and food suppliers as “Soviet-style” controls.
But Republican state officials across the country have embraced the idea of capping excessive prices for years.
GOP state attorneys general, as well as many of their Democratic counterparts, have moved to stop companies from charging what they view as exorbitant increases in the cost of some goods in certain circumstances.
In Texas, Attorney General Ken Paxton, a Republican, sued a large egg supplier for raising prices by about 300 percent at the height of the pandemic lockdowns in 2020.
Have you just not heard of price collusion in the past?
Who will force you to follow it? I mean if you think that the companies are keeping prices artificially high, thanks to free market, you can open your own store with fair prices.
You will get most of consumers because you are cheaper and you make quite a lot of money because everyone comes to you.