Senators Warren and Dean urge Big Food companies to end shrinkflation practice and tax avoidance allegations.

Senators Elizabeth Warren and Madeleine Dean have urged General Mills, Coca-Cola, and PepsiCo to cease "shrinkflation," the practice of reducing product sizes while raising prices. They allege this exploits consumers and accuse the companies of dodging taxes, citing evidence of price increases and size reductions. The companies defend their strategies as necessary adjustments, while the lawmakers call for fairer pricing and tax practices.

October 07, 2024
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