Harris Plans to Ban Grocery ‘Price Gouging.’ What Does the Evidence Say?
Economy And Jobs,Food Prices,Kamala Harris
In detailing her presidential campaign’s economic agenda, Vice President Kamala Harris will highlight an argument that blames corporate price gouging for high grocery prices.
That message polls well with swing voters. It has been embraced by progressive groups, which regularly point to price gouging as a driver of rapid inflation, or at least something that contributes to rapid price increases. Those groups cheered the announcement late Wednesday that Ms. Harris will call for a federal ban on corporate price gouging on groceries in an economic policy speech on Friday.
But the economic argument over the issue is complicated.
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