Harris’ plan to stop price gouging could create more problems than it solves ...Middle East

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Harris’ plan to stop price gouging could create more problems than it solves
By Elisabeth Buchwald, CNN New York (CNN) — Food prices have surged by more than 20% under the Biden-Harris administration, leaving many voters eager to stretch their dollars further at the grocery store. On Friday, Vice President Kamala Harris said she has a solution: a federal ban on price gouging across the food industry. “My plan will include new penalties for opportunistic companies that exploit crises and break the rules,” Harris said at a campaign event. There’s just one issue: Harris’ proposal could create more problems than the one it’s trying to solve, some economists say. Gavin Roberts studied anti-price gouging laws some states passed during the pandemic. One of the bi

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