US President Biden Announces New Strike Force to Curb Illegal Pricing

President Joe Biden convenes a meeting of his Competition Council to announce a new 'strike force,' led jointly by the Department of Justice and the Federal Trade Commission (FTC), to fight 'corporate rip-offs' in the State Dining Room of the White House in Washington, DC, on Tuesday, March 5, 2024. Biden said the actions will cut down on excessive credit card late fees, as well as help make health care markets more affordable. Photo by Jim Lo Scalzo/UPI