What does a federal ban on price gouging look like? - eviltoast

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?

  • modifier@lemmy.ca
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    3 months ago

    Agreed. I’m hoping she is staying mum to avoid fucking up fund raising for now, but we will see.

    Khan is such a fucking badass.