Jack, sign and send the petition to Congress: Pass the Shrinkflation Prevention Act and hold corporations accountable now.
SIGN AND SEND THE PETITION
Americans are still struggling to pay for basic essentials with prices through the roof. Amid inflation, corporations aren’t just making a buck through higher prices and blatant price gouging. They’ve also engaged in a sneakier profit-boosting tactic called “shrinkflation,” where they quietly shrink the size of their products and services but charge the same price as before. It’s no wonder then that corporate profits are at an all-time high.
Congress can take action against shrinkflation now with the Shrinkflation Prevention Act. This legislation would direct the Federal Trade Commission (FTC) to create regulations to establish shrinkflation as an unfair or deceptive act or practice. It would also prohibit manufacturers from engaging in shrinkflation and authorize the FTC and state attorneys general to bring civil actions against corporations that engage in it.
It’s time for Congress to take action to stop all forms of corporate price gouging.
Click here to sign and send a message urging your members of Congress to pass the Shrinkflation Prevention Act now.
SIGN AND SEND THE PETITION
Thanks for all you do,
Erin Tulley, Daily Kos
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