Kamala Harris to propose federal ban on food 'price-gouging' in US

“There’s a big difference between fair pricing in competitive markets, and excessive prices unrelated to the costs of doing business. Americans can see that difference in their grocery bills,” the Vice President campaign's statement says.

The Democratic candidate's team adds that if Harris is elected President of the United States, she plans to tighten control over potential mergers of large supermarkets and food producers, “specifically for the risk that the proposed merger would raise grocery prices for consumers.”

NBC News notes that Harris’s proposal is one of the issues in her economic reform program, which she will present on Friday during a meeting with voters in North Carolina.

The media adds that the US Vice President's idea is not new. Previously, such regulatory proposals were introduced by current President Joe Biden. When the head of the White House was running his campaign before announcing his withdrawal from the presidential race, he repeatedly blamed “corporate greed” for the increase in consumer prices, which led to a spike in inflation.

Harris continues to lead Trump

On July 21, US President Biden announced that he was withdrawing his candidacy from the upcoming presidential election. Later, the head of the White House stated that he would support the candidacy of current Vice President Kamala Harris for this position.

The Democratic candidate’s campaign team has begun an active fundraising and election rally campaign with American voters. Less than a week after the campaign's launch, Harris’s team raised over $200 million in donations and held a series of meetings in key states.

Recent polls show that Harris is leading Republican candidate Donald Trump by 5% and is also confidently winning against her opponent in several key states.