Lawyers sue for higher prices
You aren't going to believe the latest lawsuit fad in America: suing companies as monopolistic for (SET ITAL)cutting(END ITAL) prices to consumers. In legal mumbo jumbo, this is called "predatory pricing" -- keeping prices (SET ITAL)lower(END ITAL) than charged by competitors. The idea is to keep prices so low that rival firms can't compete. Quick, throw Walmart, Home Depot and McDonald's in jail. This is no joke. Recent news reports indicate that the so-called Main Street Competition Coalition, helmed by a former small and midsize grocery chain lobbyist, a Biden administration ...