return2ozma@lemmy.world to News@lemmy.world · 11 months ago‘Stop the price-gouging’: Biden hits corporations over high consumer costswww.cnbc.comexternal-linkmessage-square8fedilinkarrow-up10arrow-down10
arrow-up10arrow-down1external-link‘Stop the price-gouging’: Biden hits corporations over high consumer costswww.cnbc.comreturn2ozma@lemmy.world to News@lemmy.world · 11 months agomessage-square8fedilink
minus-squareWeeSheep@lemmy.worldlinkfedilinkarrow-up0·11 months agoUse the anti monopoly laws we have in place to prevent price gouging from lack of competition
minus-squareprotist@mander.xyzlinkfedilinkEnglisharrow-up0arrow-down1·edit-211 months agoHe issued an executive order in 2021 to do just that, among many other things to promote competition. There has definitely been an uptick in antitrust cases since then, and inflation has also decreased significantly. https://www.justice.gov/atr/antitrust-case-filings
minus-square4am@lemm.eelinkfedilinkarrow-up0·11 months agoSorry to be pedantic on the internet (lol) but it might be more accurate to say inflation has slowed.
minus-squareprotist@mander.xyzlinkfedilinkEnglisharrow-up0arrow-down1·edit-211 months agoBurn the pedant! I still think decreased is accurate though, the rate of inflation is significantly smaller today vs then, so the rate has decreased
Use the anti monopoly laws we have in place to prevent price gouging from lack of competition
He issued an executive order in 2021 to do just that, among many other things to promote competition. There has definitely been an uptick in antitrust cases since then, and inflation has also decreased significantly.
https://www.justice.gov/atr/antitrust-case-filings
Sorry to be pedantic on the internet (lol) but it might be more accurate to say inflation has slowed.
Burn the pedant!
I still think decreased is accurate though, the rate of inflation is significantly smaller today vs then, so the rate has decreased