Biden announces strike force to fight ‘corporate rip-offs’

The Biden administration announced Tuesday the creation of a new “strike force” that will facilitate interagency efforts to combat unfair and illegal pricing schemes, a move that doubles down on recent criticism of grocery stores and other retailers for deceptively raising prices on everyday products.The strike force will be led by the Department of Justice and the Federal Trade Commission, two regulators tasked with enforcing laws against unfair, deceptive or fraudulent business pra