Agency regulation and enforcement of a law banning price gouging would be "resource-intensive work that has a very uncertain capacity to deliver a good result,” said former FTC Chair William Kovacic.
August 22, 2024 at 06:27 PM
3 minute read
The original version of this story was published on National Law Journal
Democratic presidential nominee Kamala Harris’ campaign promise of a federal ban on “price gouging” on groceries would be extremely difficult to implement, antitrust attorneys and former Federal Trade Commission officials said this week.
Former FTC Chair William Kovacic said a new federal law would be needed.
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Democratic presidential nominee Kamala Harris speaks during a campaign event at Fiserv Forum in Milwaukee. Photo: Bing Guan/Bloomberg
