President Joe Biden is set to launch a new task force on Tuesday, aimed at addressing what he perceives as "unfair and illegal" corporate pricing practices that hinder consumers from the benefits of an improving economy and decreasing inflation rates. This move exhibits the administration's commitment to combating perceived injustices in the marketplace and ensuring fair competition.
The task force, jointly led by the Federal Trade Commission (FTC) and the Department of Justice (DOJ), represents a significant step in the Biden administration's efforts to tackle corporate pricing issues head-on.
