Sen. Warren: Warren, Dean Press CocaCola, PepsiCo, and General Mills on “Shrinkflation” Price Gouging and Tax Dodging
ITEP Work in ActionU.S. Senator Elizabeth Warren (D-Mass.) and Representative Madeleine Dean (D-Pa.) wrote to the CEOs of Coca-Cola, PepsiCo, and General Mills, pressing their executives on the companies’ pattern of profiteering off consumers, both through “shrinkflation” and dodging taxes on the profits they made from that price gouging.