House Panel Debates Bill to Create Federal Price-gouging Policy

February 2, 2022

Rakeen Mabud, chief economist at progressive advocacy group the Groundwork Collaborative, testified that price hikes are contagious among publicly traded companies. “When one company is able to get away with padding their profits and price gouging, shareholders from across the board want in,” she said, adding that those who don’t endure “massive selloffs.”

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