our panel, but he s all of you for joining us. i m crazy. how don t go anywhere seen in central starts right now cnn breaking good morning, everyone. and we do have breaking news. president biden, just moments ago speaking as he is sitting alongside ukrainian president zelenskyy ahead they critical bilateral meeting that they are now. that s now taking place right now. they re both in france as we know, the president has been there to mark an honor the greatest generation, the 80th the anniversary of d-day. and he has been making the connections of the threats to democracy and freedom back then and the direct line to the threats to democracy and freedom today, pointing directly to russia s invasion of ukraine as the example, let s talk about what the president just said though. first, we have seen and senior white house correspondent, kayla tausche. she s the traveling with the president. stick with me, kayla. let s listen first to president biden you so much as i said ye
lower cost for consumers, making sure that mom and pop shops are operating at a level playing field against the big national chains and listen a lot is at stake here, american spent almost 90 billion on alcohol last year alone. we know that the cost of living is very high right now. biden officials are eager to show that you re taking action to lower costs and that i m taking action to confront dominant companies. but this lawsuit kick could be risky because it would force regulators to dust off a law that has rarely been used in decades. this is the robinson-patman act as you know, from 1930, during the great depression and it bans price discovery termination specifically says that suppliers, they can t offer deeper discounts to the big national chains and they do to the local shops. but this is highly controversial because it s rarely been enforced. it has, hasn t been used since 2000, only one other time since the late 1980s, but
supporters of an ftc cracked down. they say, now is the time time to use it because they argue these big national chains, they ve gotten so dominant that it s allowed them to crush main street businesses and to raise costs on consumers as one source put it to me, if you can t compete on price or at least come close, you can t stay in business so what s the company saying about this? so southern glaciers declined to comment, but a source familiar with the matter did tell me that the company s discounts, they re available to all retailers. both these smaller chains and the national ones. and there are plenty of critics of the robinson-patman act, who they argue that it would actually backfire on consumers if it starts to get enforced because what would happen is the big chains would have to raise their prices once they lose access to those really deep discounts. one lawyer told me that if you start to revive this law, now, it s more likely to raise prices then lower price. so they re s
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