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With inflation stubbornly persistent, US FTC accuses retailers of price-gouging

March 25, 2024 — Sky-high grocery prices – brought about due to supply chain disruptions during the Covid-19 pandemic – are persisting, and retailers may be price-gouging, according to a 22 March U.S. Federal Trade Commission report.

The report, “Feeding America in a Time of Crisis: FTC Staff Report on The United States Grocery Supply Chain and the COVID-19 Pandemic,” calls out the largest retailers for raising prices and limiting competition.

Read the full article at SeafoodSource

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