Efforts to ban food price gouging face significant challenges, according to antitrust experts. Former FTC Chair William Kovacic remarked that the regulation and enforcement of such laws would be “resource-intensive work that has a very uncertain capacity to deliver a good result.”
Harris’ proposition aims to prevent exploitative pricing during periods of crisis, but the practicalities of implementation raise questions about feasibility and effectiveness. Policymakers and enforcement agencies would need to allocate substantial resources to monitor and address potential violations.
More details on this developing issue are discussed in the National Law Journal.