The price that retailers pay for groceries has been falling for the past few years. So, why does your grocery bill keep going up? That's what regulators hope to find out.
The Federal Trade Commission and its new Strike Force on Unfair and Illegal Pricing will ask major chains like Walmart, Costco and Target for data on common products.
How much do retailers pay for groceries and how much do they charge for them?
An FTC study finds profits for food retailers rising more than 6% as food prices soared 25% between 2019 and 2023.
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