Lawmakers Slam Big Food Brands for ‘Shrinkflation’ and ‘Profiteering’
Two prominent lawmakers are calling out major companies for their sneaky “shrinkflation” tactics— which sees products having less weight or less “food” but for the same exact price as it was before, or even worse, increasing them. Sen. Warren and Rep. Dean sent scathing demands to industry giants accusing them of prioritizing profits over consumers.
The letters, highlight how these companies have padded their bottom lines through shrinkflation, all while allegedly “dodging taxes.” Warren and Dean argue that this behavior is a form of corporate profiteering, exploiting inflationary pressures at the expense of ordinary Americans. As prices rise and products shrink, frustration grows, with lawmakers pushing for accountability from companies that dominate the grocery aisles.