Price Caps Distort Marketplace: Expert

Don Ma
By Don Ma
August 15, 2024Business Matters
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Vice President Kamala Harris is expected to call for a federal ban on price gouging in an effort to help lower grocery prices. The proposal is part of Harris’s efforts to prevent corporations in the food and grocery industries from hiking up prices. NTD speaks to Vance Ginn, founder and president of Ginn Economic Consulting, about the effectiveness of price controls regarding inflationary pressures in the food and grocery industry.