Deluzio, Scanlon, Dean Urge White House to Boost Competition, Lower Costs By Fighting Monopolies

WASHINGTON, D.C. – Today, Pennsylvania Congressmembers Chris Deluzio (PA-17), Mary Gay Scanlon (PA-05), and Madeleine Dean (PA-04) sent a letter to President Joe Biden commending the Biden-Harris Administration’s historic work to rein in price gouging corporations. In the letter, they also urge the administration to expand on their efforts to increase competition across the American economy and thus reduce costs for hardworking American families.

The letter highlights the fact that under the leadership of appointees like Federal Trade Commission Chair Lina Khan and Assistant Attorney General Jonathan Kanter, the Biden-Harris Administration has won victory after victory in their battle to lower costs for American families. From banning non-compete clauses in employment contracts, preventing companies from closing anti-competitive mergers, or prosecuting price-fixing executives and corporations, leaders at the FTC, DOJ, and CFPB have done more to fight corporate power than any administration in more than seventy years.

However, as the Representatives note in the letter, there is still more work to do. They write in the letter, “We ask that you continue this critical and necessary work to hold accountable corporations that use their massive size and financial resources to take advantage of consumers and small businesses by price gouging on everything from groceries to gas to prescriptions, all to pad their bottom lines and enrich their shareholders.”

The full letter is available here.

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