The Biden administration is proposing new guidelines for corporate mergers, taking steps to disclose the junk fees charged by landlords and launching a crackdown on price-gouging in the food industry
The council has focused on creating more transparency for consumers and finding ways to limit the concentration of industries in ways that the Biden administration says lead to higher prices and hurt the ability of start-ups and small businesses to grow. Republican lawmakers and some business group critics counter that the Democratic president's effort will lead to greater regulatory costs that leave the economy worse off.
Separately, the government is working with the companies Zillow, Apartments.com and AffordableHousing.com to create a new website that reveals to renters all of the fees they could be charged when signing a lease. The Department of Agriculture is partnering with more than two dozen state attorneys general to investigate and sanction price gouging in the food sector. The department is also creating a new liaison for farmers to discuss the patent process regarding seeds.
But the greater degree of government activism has been controversial with business groups, which say that these new companies might struggle to survive and that higher regulatory costs might cause prices to rise.
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