FTC chair says agency is taking aim at inflation caused by bad business behavior

Flanked by Marcia Kasieta, left, and U.S. Rep. Mark Pocan, right, FTC chair Lina Khan describes her agency’s work in a conversation with reporters Thursday. (Photo by Erik Gunn/Wisconsin Examiner)

As consumers continue to face higher prices for groceries and other goods, the Federal Trade Commission is looking at whether some of those price hikes are driven by profiteering.

The agency is “using all of our tools to make sure that no American is paying more because of illegal business practices, be it at the grocery store, be it at the pump, be it at the pharmacy, on food and groceries in particular,” FTC Chair Lina Khan told reporters Thursday during a visit to Wisconsin.

Khan was in the Badger State for stops that included a round table discussion about a recent nursing home sale and a chat with reporters at the Madison office of Democratic Rep. Mark Pocan.

That conversation included a quick rundown of issues at the forefront of the FTC’s agenda. The agency enforces federal antitrust and consumer protection laws, “which are really about making sure that our markets are fair and honest and competitive, so that people can get a fair shake,” Khan said.

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