As inflation spikes, NY lawmakers call for antitrust bill to cut down on corporate price gouging

Legislators hope to pass the 21st Century Antitrust Act, which officials say 'would further empower the attorney general to investigate corporate price gouging.'

Here are your FOX Business Flash top headlines for April 13.

which officials say "would further empower the attorney general to investigate corporate price gouging and allow consumers to sue when corporate monopolies use their market power to unfairly increase prices." The bill is sponsored by New York State Senate Deputy Leader Michael Gianaris."When corporations consolidate power, consumers pay the price – literally," Gianaris said in a statement. "It’s time we have the modern tools needed to fight back.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

FoxBusiness /  🏆 458. in US

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

SoCal woman who falsely accused Black teen at NY hotel pleads guilty to hate crime chargeA Southern California woman who falsely accused a Black teen of stealing her cell phone at a hotel in New York pleaded guilty on Monday.
Read more »