Chair Lina Khan said Thursday her agency will investigate the high cost of groceries in the United States as chain supermarkets bring in “enormous profits.” Khan noted at a joint FTC and Department of Justice public meeting that the cost of groceries “skyrocketed during the pandemic,

The Federal Trade Commission will investigate the tactics big grocery chains use to hike prices and extract profits from consumers, Chair Lina Khan announced at

Federal Trade Commission Chair Lina Khan announced Thursday that the FTC and Department of Justice will launch in inquiry into high grocery prices. Khan made the announcement at the first public meeting of the Strike Force on Unfair and Illegal Pricing, where representatives from the FTC and DOJ discussed a wide range of consumer protection topics.

We want to make sure that major businesses are not exploiting their power to inflate prices for American families at the grocery store,” Khan said Thursday at a public meeting with Justice Department officials.

The U.S. Federal Trade Commission will probe why grocery prices remain high even as costs for retailers fall, Chair Lina Khan said on Thursday, a key theme for the Biden-Harris administration as it heads towards the presidential election.