Hacker News Reader

It was the FTC investigating grocery retailers in general creating higher prices to protect their profits while the retailers blamed COVID.

Separately, the “Federal Trade Commission sued PepsiCo on Friday, alleging that it has engaged in illegal price discrimination by giving unfair price advantages to one large retailer at the expense of other vendors and consumers.”

1. https://apnews.com/article/ftc-sues-pepsico-price-discrimina...

Sadly, DOGE probably fired all the people in the SEC and other agencies that would have gone after corporate price fixing from this current debacle. Hard to believe that this administration may have made prices worse than the Biden administration.

Actually, its not hard to believe, its totally Trumpian.

We've already seen it happen with the Chinese tariffs being temporarily (possibly permanently, now) lowered. Competition works, as always (price fixing excepted).