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Democrats accuse food, beverage companies of ‘profiteering’ through ‘shrinkflation’

Democrats accuse food, beverage companies of ‘profiteering’ through ‘shrinkflation’
Two Democratic lawmakers have sent a letter to some of the country’s biggest food and beverage companies arguing they are “profiteering” through “shrinkflation,” the practice of reducing product size while keeping prices the same or increasing them, and “dodging taxes.” Sen. Elizabeth Warren (D-Mass.) and Rep. Madeline Dean (D-Pa.) wrote a letter to the CEOs…

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