No Stupid Questions@lemmy.worldEnglish · 2 months ago

What does a federal ban on price gouging look like?

kamalaharris.com

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What does a federal ban on price gouging look like?

kamalaharris.com

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No Stupid Questions@lemmy.worldEnglish · 2 months ago

cross-posted to:
[email protected]

Issues - Kamala Harris for President: Official Campaign Website

kamalaharris.com

BUILD AN OPPORTUNITY ECONOMY AND LOWER COSTS FOR FAMILIES Vice President Harris grew up in a middle class home as the daughter of a working mom. She believes that when the middle class is strong, America is strong. That’s why as President, Kamala Harris will create an Opportunity Economy where everyone has a chance to […]

The Harris-Walz campaign has said they want to create a federal ban on corporate price gouging (usually mentioned when folks talk about price hikes in grocery stores). I see economists complaining about variations of this policy being bad, e.g. leading to food desserts. But as far as I can tell there hasn’t been anything specific proposed. Could someone explain our best guess at what they are proposing, and if it’s been serious analyzed/tested elsewhere?

They cite existing legislation in the states; maybe explaining what that legislation does/how it works would be helpful?

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1 month ago
Same as banks regulated by glass steagall started fucking with the economy the moment is was repealed. The fairness doctrine for media might also be needed again.

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