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?
How do you define “compete”?
Here they are on opposite corners of the same intersection.
Sure, that’s only one example, but I’m not sure how well I can Google “Kroger near an [Albertsons|Randalls|Safeway]” to find a list.
There are about 600 stores they want to divest where there was actual competition between them. The two control about 5000 stores between them.