She cited the Texas, North Carolina, New York, and Florida anti-price gouging laws as examples of what she wants to do at the federal level.
So this is pretty limited. Only to be used on essential goods during emergencies. These laws generally allow for cost increases associated with the emergency.
She also will go after collusion and anti-competitive behavior.
As I recall, this was originally brought up in the context of inflation, particularly when it comes to grocery prices. It really made it sound like she was in favor of general price controls (perhaps something like Canada's Anti-Inflation Act). This "policy brief" really has nothing to do with that (unless the Federal government is going to declare inflation a disaster...I wouldn't put it past them). Also, since actual price gouging laws already exist in 37 states (probably the ones that need it because certain natural disasters bring out this behavior) I really don't see a need for this at a Federal level. It's a solution for a problem that doesn't exist instead of something that addresses actual causes of inflation or other real problems. There are also already laws for collusion and anti-competitive behavior.
Quoting from CNN:
https://www.cnn.com/2024/08/15/politics/harris-price-gouging-ban-economic-policy-speech/index.html
More laws against price gouging similar to the ones that already exist in 37 states will not lower grocery prices for anybody.
Just more gaslighting...
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