Democratic lawmakers tell companies they want answers on 'shrinkflation' prices

Oct. 7 (UPI) -- Two Democrat lawmakers have accused some of America's biggest food and beverage corporations of profiting from "shrinkflation" and demanded they stop engaging in the practice.

Sen. Elizabeth Warren, D-Mass., and her House colleague Rep. Madeleine Dean, D-Pa., join a growing number of lawmakers and other officials calling for federal action to stop the practice of shrinkflation, which is when a corporation makes a product smaller but charges a higher or same price for it.

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