Quote:In response, Brown wrote: "Me too, Cookie Monster. Big corporations shrink the size of their products without shrinking their prices, all to pay for CEO bonuses. People in my state of Ohio are fed up — they should get all the cookie they pay for.

Quote:Sen. Bob Casey, D-Pennsylvania, also responded to the hungry blue monster, saying: ‘I’m on it."

"I need your help to hold big corporations accountable for using shrinkflation to rake in record profits," he wrote. "Can you chip in $3 to help fight back?"

Quote:Bill empowers Federal Trade Commission and state attorneys general to crack down on corporations reducing product size without a reduction in price

Since fall 2023, Senator Casey has produced four reports detailing his investigations into corporate greed squeezing families’ budgets

Stop Shrinkflation: Casey Introduces Legislation to Crack Down on Big Corporations Shrinking Products Without Reducing Prices

Quote:President Joe Biden on Tuesday will launch a new task force to take on “unfair and illegal” corporate pricing, which Biden sees as a major reason why consumers are not yet feeling the impact of cooling inflation rates and a strong economy.

The task force will be jointly led by the Federal Trade Commission and the Department of Justice, two agencies at the forefront of the Biden administration’s aggressive regulatory agenda over the past three years.

Biden to launch task force to crack down on 'unfair and illegal pricing' amid rising inflation

Quote:13,145 views Mar 6, 2011
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