FTC Commissioner Pushing for Higher Prices
The Biden administration wants us to believe it is doing everything in its power to reduce prices for consumers. It seems that its most recent appointee to the Federal Trade Commission didn’t get the message. Alvaro Bedoya, who joined the commission in May, argued during a recent speech that the agency should resurrect the Robinson-Patman Act. For consumers, that will mean higher prices, exactly the opposite of what the Biden administration claims to be working toward.