Did grocery chains take advantage of COVID shortages to raise prices? FTC says yes
www.usatoday.com
Large grocery store chains raised prices well above their costs during the pandemic's supply-chain bottlenecks and product shortages, FTC report says.
  • mlg@lemmy.worldEnglish
    15·
    9 months ago

    Yeah I knew we were screwed when places like Walmart were still “complaining” about covid supply chain shortages well into 2023, despite the fact that some local farmers were selling eggs so cheap that people where trying to figure out what the “catch” was.

    • TheFriar@lemm.ee
      4·
      9 months ago

      Dude, have egg prices gone back up in the past couple weeks near you all as well? I couldn’t find a dozen for under $5 the other day—and those are like, the pink styrofoam carton white factory farm eggs. Burn it all fuckin down

  • KyuubiNoKitsune
    10·
    9 months ago

    I think the Australian consumer protection agency released a report saying similar a few months ago already. They basically said the high inflation rate was a result of price gouging and corporate greed.

  • evan@midwest.socialEnglish
    4·
    9 months ago

    Sue all of the corporations and distribute the I’ll-gotten gains back to us in a surplus check.

  • Conyak@lemmy.tfEnglish
    3·
    9 months ago

    And they are going to take action to get that money back for citizens, right?