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Biden Targets Snack Giants Over Sneaky Shrinkflation Tactics

The American public is demanding an end to deceitful business practices, calling on companies to step up and do the right thing.

by Mark Eisenberg
Mon, Feb 12, 2024 2:01am
in Business
• 2 mins read
14.8k
Biden Targets Snack Giants Over Sneaky Shrinkflation Tactics | FinOracle

Photo: Finoracle.net

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President Biden Calls on Snack Companies to End Shrinkflation

U.S. President Joe Biden has called on snack companies to put an end to shrinkflation, a practice in which businesses reduce the size of their products while keeping prices the same. In a video posted on X, formerly known as Twitter, Biden criticized companies for trying to “pull a fast one” and stated that the American public is tired of being taken advantage of. While the President did not offer any specific solutions or policies, he mentioned several brands, including Gatorade, Doritos, Breyers, and Tostitos, which were shown in the video.

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Tags: AIARBrandBreyersCESConsumer Brands AssociationConsumer protectionCOVID-19DoritosEUGatoradeGoldInflationInsulinIpsosJoe BidenMarketMeat-packing industryOreoPandemicPepsiCoPotentialReutersSupermarketTostitosTwitterUnilever
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