TWO HOUSE MEMBERS SEEK CEREAL PRICING INVESTIGATION

WASHINGTON (FNS) -- Two House members have appealed to Attorney General Janet Reno to conduct an antitrust investigation into pricing policies of the four biggest cereal manufacturers."We are paying caviar prices for corn flakes quality," Rep. Charles Schumer, D-N.Y., said during a Capitol Hill press conference. "The big question is, why? The answer is simple: huge profits, ridiculous advertising

WASHINGTON (FNS) -- Two House members have appealed to Attorney General Janet Reno to conduct an antitrust investigation into pricing policies of the four biggest cereal manufacturers.

"We are paying caviar prices for corn flakes quality," Rep. Charles Schumer, D-N.Y., said during a Capitol Hill press conference. "The big question is, why? The answer is simple: huge profits, ridiculous advertising budgets and a market in which consumers are left without a voice."

Schumer, alon

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