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US Regulators Call For Congressional Review Of Grocery Profits

The Kroger supermarket chain's headquarters is shown in Cincinnati

Recently, US regulators have called on Congress to investigate the profits being made by grocery chains. The Federal Trade Commission (FTC) has raised concerns about the increasing profits in the grocery industry and the potential impact on consumers.

The FTC has highlighted the significant rise in profits for grocery chains, especially during the COVID-19 pandemic. With more people turning to grocery stores for their essential needs, the industry has seen a surge in sales and profits.

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