Washington Examiner

Biden acts on junk fees, food costs, and corporate mergers.

President ⁣Biden Takes Action to⁤ Lower Costs⁤ for Families

President Joe Biden‌ is making ‌significant moves‍ to address the‍ financial ⁤burden on families. These initiatives, announced‌ during the ⁢fifth⁢ meeting of the ⁤president’s ⁤White House Competition⁣ Council, aim to⁢ tackle ‍high food prices, ​prevent monopolistic mergers, and‌ protect​ consumers during the housing⁤ application⁢ process.

Cracking Down on Price-Gouging in ⁣Food Markets

In ​an effort to combat ‍price-gouging​ and‍ anti-competitive⁤ practices in​ food and agricultural ‍markets,⁢ the​ administration is⁣ joining forces ​with ‍two dozen ‍state attorneys​ general. Additionally, the Department of Agriculture is introducing a “Farmer Seed⁤ Liaison” program,‌ empowering ‌farmers ⁤to⁣ have a greater ⁣say in the patenting of new seeds.

Transparency in​ Rental Housing ⁤Fees

The president’s Competition Council is determined to alleviate the financial strain caused by⁢ the soaring housing market. To​ achieve‌ this,‌ the⁣ administration is collaborating with private companies, ‍including ⁣Zillow, Apartments.com, and‍ AffordableHousing.com. ⁢Together,​ they will‌ launch new website ⁤features that ‍reveal all⁤ hidden rental housing ⁢fees⁣ upfront. These fees​ often ​include‌ excessive ⁢application fees,⁣ unnecessary online bill ‍pay ​charges, and ⁣inflated trash disposal fees.

Guidance on​ Corporate ‍Mergers

Recognizing the ‌potential⁣ negative impact of corporate ⁤mergers‌ on​ workers ⁣and consumers, President ⁣Biden⁣ previously directed the⁤ Department‍ of‍ Justice and ⁢Federal ‌Trade Commission to provide ​updated guidance. This⁣ guidance,​ based on the⁤ latest ⁣economic evidence, ​will ​be ‍published on⁣ Wednesday.

President Biden’s actions build ‌upon the establishment ⁢of ​the Competition ⁣Council two ‍years ⁣ago.⁣ While inflation is gradually easing, ​the ⁤financial burden on families​ remains significantly higher than pre-pandemic‌ levels.



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