Kamala Harris will deliver a speech Friday laying out her economic policy, and a lot of it will be about corporate price-gouging. The focus, reportedly, will be on groceries, which theoretically offer some opportunity to discuss the Federal Trade Commission’s challenge to a proposed merger between the Kroger and Albertson’s supermarket chains—except the FTC’s antitrust action is about economic concentration lowering wages, not raising prices. A better example of price-gouging and how to curb it is the Biden administration’s war on drug prices.Spotlighting drug-price reductions is also more timely, because on Thursday the White House announced Medicare’s first-ever negotiated drug-price reduc
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