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

Two Democratic members of Congress sent a letter to some of the nation's largest food and beverage companies, saying their companies are “compromising their profits” through “shrinkflation” (reducing the size of products while keeping prices the same or raising them) and “tax evasion.” “They are profiteering,” he said. Sen. Elizabeth Warren (D-Mass.) and Rep. Madeline […]