Biden’s White House is taking on corporate mergers, landlord junk fees and food prices
Associated PressWASHINGTON — The Biden administration on Wednesday proposed new guidelines for corporate mergers, took steps to disclose the junk fees charged by landlords and launched a crackdown on price-gouging in the food industry. “When companies have to compete, it means lower prices, fair wages and more innovation.” The Department of Justice and the Federal Trade Commission are proposing revised guidelines for how they evaluate mergers. Attorney General Merrick Garland said that the proposed guidelines “respond to modern market realties” and that “unchecked” mergers could threaten “the free and fair markets upon which our economy is based.” Separately, the government is working with the companies Zillow, Apartments.com and AffordableHousing.com to create a new website that reveals to renters all of the fees they could be charged when signing a lease. After the prior meeting of the competition council, the U.S. Chamber of Commerce’s chief policy officer, Neil Bradley, said, “this Washington-knows-best approach will raise prices for families, lead to fewer choices for consumers, and make our economy less competitive.”
History of this topic
Biden says the FTC’s proposed ban on junk fees will help families and ‘honest’ businesses
Associated Press
Joe Biden to announce actions to increase competition in the US economy
The Independent
Biden’s White House is taking on corporate mergers, landlord junk fees and food prices
LA TimesLive Nation and SeatGeek say you’ll see true costs up front as Biden pushes to end hidden junk fees
Associated Press
Biden: More competition in meat industry can ease food costs
Associated PressDiscover Related
)
