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Biden to launch task force to crack down on ‘unfair and illegal pricing’ amid rising inflation
![Biden to launch task force to crack down on ‘unfair and illegal pricing’ amid rising inflation](https://dailybusinessinvestor.com/wp-content/uploads/2024/03/240304-chick-fil-a-polynesian-sauce-vl-429p-6c6e5e-1-800x533.jpg)
President Joe Biden has announced his plan to form a task force aimed at addressing what the administration characterizes as ‘unfair and illegal pricing’. This move comes amid rising inflation across the United States, where consumers are experiencing higher costs for goods and services.
This task force will be charged with monitoring and addressing potentially illegal or anticompetitive behavior by large corporations that could be contributing to rising costs. The ultimate goal of this task force is to protect consumers and ensure fair competition.
The task force will be