Detailed text transcripts for TV channel - FOXNEWS - 20130206:23:16:00
>> under this proposed regulation, thousands of stores would be forced to label unpackaged food like those found in a salad bowl and your favorite bakery items. they estimate the regulation would cost retailers a billion dollars in just the first year. >> supermarket industry is business that is well known that our net profit average and has been is 1%. so when you incur significant costs, there is no way that doesn't get passed on to the customer in some storm form. >> reporter: there are stiff penalties. >> if you get it wrong, get this it's a federal crime. you could face jail time and thou...