As inflation spikes, NY lawmakers call for antitrust bill to cut down on corporate price gouging

Legislators hope to pass the 21st Century Antitrust Act, which officials say 'would further empower the attorney general to investigate corporate price gouging.'

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which officials say "would further empower the attorney general to investigate corporate price gouging and allow consumers to sue when corporate monopolies use their market power to unfairly increase prices." The bill is sponsored by New York State Senate Deputy Leader Michael Gianaris."When corporations consolidate power, consumers pay the price – literally," Gianaris said in a statement. "It’s time we have the modern tools needed to fight back.

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