Lawmakers fear growing power of cartel-like blocs amid high inflation

Posted on AllSides July 1st, 2022
From The Center

Powerful industrial blocs or cartels are increasingly drawing the attention — and in some cases the ire — of lawmakers who blame them in part for rising inflation.

With sputtering supply chains driving inflation to 40-year highs, market forces of all sorts are coming under the scrutiny of both legislators and regulators. A recurring theme is the power held by a few big companies in many different industries.

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The Hill

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https://thehill.com/policy/finance/3544174-lawmakers-fear-growing-power-of-cartel-like-blocs-amid-high-inflation/

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