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International Business Times
International Business Times
Business
AFP News

Economists Push Back on Harris Plan To Ban Price Gouging

The Harris campaign announced a policy to tackle price gouging on food and groceries (Credit: AFP)

Kamala Harris's policy on curbing price gouging has been criticized by economists and analysts, who say it is an uncompetitive proposal that could end up hurting, and not helping, US consumers.

Harris, the Democratic nominee for president, announced the policy last week as part of a raft of populist proposals which included a $6,000-a-year tax credit for families with newborn children and a $10,000 tax credit for first-time home buyers.

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