The reality behind Harris and Trumpâs promises to lower food costs

The next president will have few options to significantly or quickly lower food costs.

Biden administration has aggressively gone after what it calls âanticompetitive behaviorâ in the food industry.

Biden has sued the $25 billion acquisition of two of the nationâs largest retailers, Kroger and Albertsons.

The FTC has signaled it plans to revive enforcement of the Robinson-Patman Act .

It's been decades since the federal government has brought lawsuits to break up monopolies.

But it will take time for lower prices to ripple through the market and regional impact could be uneven.

Energy costs have been a significant factor in recent food price inflation.

President Joe Biden has used the White House megaphone to try and pressure corporations to lower prices for food and other goods.

Biden has made an example of the Snickers bar , lambasting the manufacturers for charging the same price while surreptitiously shrinking its size, a practice dubbed âshrinkflation.

Without continuing investment and aggressive antitrust enforcement, smaller meatpackers could go belly-up.