New York City immigrant business owners are planning to sue Mamdani over taxpayer-funded supermarkets

This material may not be published, broadcast, rewritten, or redistributed. ©2026 FOX News Network, LLC. All rights reserved. Quotes displayed in real-time or delayed by at least 15 minutes. Market data provided by Factset. Powered and implemented by FactSet Digital Solutions. Legal Statement. Mutual Fund and ETF data provided by LSEG. Economist David Bahnsen criticizes NYC Mayor Mamdanis plan for city-run grocery stores, arguing that government intervention in markets historically leads to inflation and reduced standards of living. Several immigrant business owners are preparing to sue New York City Mayor Zohran Mamdani over his plan for city-owned grocery stores, Fox News Digital confirmed on Wednesday. The New York Post first reported on Tuesday that the Multicultural Business Coalition’s (MBC) board voted to file a lawsuit against the city over Mamdani's plan to open five taxpayer-funded grocery stores that will sell food at prices up to 30% below traditional retailers. According to MBC Chairman Frank Garcia, the MBC is now planning to send a letter to Mamdani's office in the coming days detailing its upcoming legal plans to protect competing stores, bodegas and other small bus