Would Harris's price gouging plan really help US consumers?

Oct 24, 2024 · Reuters. When Kamala Harris was asked on Wednesday what she would do to help an undecided voter worried about the price of groceries, she said she would introduce a national ban on price gouging ...

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Kamala Harris Rolls Out Economic Plan. Here's What's In It - TIME

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Aug 16, 2024 · Kamala Harris vowed to create an “opportunity economy” with an economic plan that includes a ban on grocery price gouging and a $6,000 tax credit to families for the first …

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Will Harris ban price gouging?

The Harris campaign said Friday it plans to ban price gouging to combat “the excessive prices unrelated to the costs of doing business that Americans have seen in the food and grocery industry,” as well as crack down on mergers and acquisitions in the food industry to keep competition robust. ...

What is Harris' anti-price gouging proposal?

When we spoke to the Harris campaign, a representative confirmed that the anti-price gouging proposal is specifically meant to curtail price increases during emergency situations. The Harris campaign elaborated on its proposal in an 82-page economic policy plan published on Sept. 25. ...

Did Harris ask Congress to pass a food price gouging ban?

Neither the Harris nor Trump campaigns responded to a request for comment. Harris called on Congress to pass a federal food price gouging ban as part of an economic policy speech she gave in August. ...

Does Kamala Harris have a solution to price gouging?

On Friday, Vice President Kamala Harris said she has a solution: a federal ban on price gouging across the food industry. “My plan will include new penalties for opportunistic companies that exploit crises and break the rules,” Harris said at a campaign event. ...

Does Harris have a price gouging campaign?

Opposition to price gouging has since become a central aspect of the Harris campaign. Bloomberg reported on Oct. 16 that “Harris ads mentioning price gouging have aired at least 175,000 times on broadcast, cable and online.” People shop at a grocery store in Brooklyn on July 11 in New York City. Photo by Spencer Platt/Getty Images. ...

Will Harris' anti-price gouging policy affect grocery prices?

An August YouGov poll identified that 65% of voters supported Harris’ proposal of “capping increases on food and grocery prices,” with only 24% of voters opposing the proposed policy. Economists consistently stated that the anti-price gouging proposal would have little effect on current grocery prices. ...