Harris Seeks to Ban Price Gouging–What Would It Mean?

Price controls have a long history. Experts weigh in on whether they are successful tools to fight high (or low) prices.
Harris Seeks to Ban Price Gouging–What Would It Mean?
Jars of Rao's sauces are displayed along a grocery store's shelves in New York City on Aug. 07, 2023. Spencer Platt/Getty Images
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Last month, Vice President Kamala Harris announced that if elected in November she would approve “the first-ever federal ban on price gouging on food.”

The Democrat presidential nominee’s public policy measure builds on the current administration’s March announcement to form a joint Department of Justice and Federal Trade Commission “strike force” to target companies that engage in price-gouging practices.

Andrew Moran
Andrew Moran
Author
Andrew Moran has been writing about business, economics, and finance for more than a decade. He is the author of "The War on Cash."