Small Business Majority network member testifies on price gouging

Thursday, May 23, 2024

On May 22, Small Business Majority network member Alap Vora testified at a U.S. Senate Banking, Housing, and Urban Affairs subcommittee hearing on inflation and shrinkflation, and their impacts on small businesses. He explained how unexpected price hikes, deceptive and unclear fees from large distributing companies, and shrinkflation continue to place disproportionate impacts on small shop owners like himself.