WASHINGTON, DC – U.S. Senator Jacky Rosen (D-NV) sent a letter calling on President Biden to lower food prices for Nevadans by holding large corporations accountable for anticompetitive practices. She also calls on the Administration to invest in small food producers and grocers, and support policies to lower food supply chain costs.
“We must do more to protect families and lower costs so they don’t have to choose between paying for groceries, rent, and prescription medications,” wrote Senator Rosen. “I ask that you work within your Administration, including with the FTC and Department of Justice, to consider the impact proposed acquisitions and mergers could have on hardworking families’ pockets and block those that could raise costs for Nevadans.”
“I also encourage you to take proactive measures to lower grocery costs from their existing historic highs,” she continued. “This includes investing more in small businesses and ensuring there are resources to build up our nation’s small producers, farmers, and grocers in order to increase competition and bring down prices. It is also critical to work toward lowering the costs of ancillary activities in the food supply chain, such as the price of fuel for farm equipment and the cost of utilities to keep the lights on at processing plants.”
The full text of the letter can be found HERE.
Senator Rosen has been a leader in fighting to reduce costs for hardworking Nevadans. Earlier this year, she announced that she successfully pushed the FTC to sue to block the Kroger-Albertsons grocery store mega merger that could reduce competition and further raise grocery prices in the state. She also successfully pushed the FTC to open an investigation of ExxonMobil’s proposed acquisition of Pioneer Natural Resources that could allow for price gouging and lead to higher energy costs for American families and businesses.
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