Democrats accuse food, beverage companies of ‘profiteering’ through ‘shrinkflation’ ...Middle East

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Two Democratic lawmakers have sent a letter to some of the country’s biggest food and beverage companies arguing they are “profiteering” through “shrinkflation,” the practice of reducing product size while keeping prices the same or increasing them, and "dodging taxes." Sen. Elizabeth Warren (D-Mass.) and Rep. Madeline Dean (D-Pa.) wrote a letter to the CEOs of Coca-Cola, PepsiCo and General Mills to demand their companies stop engaging in the practice. The letters were sent Sunday to the executives and was first reported by NBC News. “Shrinking the size of a product in order to gouge consumers on the price per ounce is not innovation, it is exploitation,” the Democrats wrote in

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