return2ozma@lemmy.world to News@lemmy.world · 3 months agoDid grocery chains take advantage of COVID shortages to raise prices? FTC says yes in new reportwww.usatoday.comexternal-linkmessage-square72fedilinkarrow-up1837arrow-down17cross-posted to: aboringdystopia@lemmy.world
arrow-up1830arrow-down1external-linkDid grocery chains take advantage of COVID shortages to raise prices? FTC says yes in new reportwww.usatoday.comreturn2ozma@lemmy.world to News@lemmy.world · 3 months agomessage-square72fedilinkcross-posted to: aboringdystopia@lemmy.world
minus-squarespaduflinkfedilinkarrow-up10arrow-down2·3 months agoShouldn’t we blame this on the food monopolies rather than grocery stores?
minus-squareDeadWorld@lemm.eelinkfedilinkEnglisharrow-up27·3 months agoPlenty of blame to go around here.
minus-squarewitheyeandclaw@lemmy.sdf.orglinkfedilinkarrow-up4·3 months agoThey both posted record profits.
minus-squarepaddirn@lemmy.worldlinkfedilinkEnglisharrow-up4·3 months agoRetail chains actually have a lot of pull over the market, the individual food companies are more beholden to the grocery chains than you might think.
minus-squareChonkyOwlbear@lemmy.worldlinkfedilinkarrow-up2·3 months agoThe grocery stores are mostly monopolies too. I am lucky enough to have a couple good small privately owned grocery stores near me. Their prices haven’t gone up nearly as much.
Shouldn’t we blame this on the food monopolies rather than grocery stores?
Plenty of blame to go around here.
They both posted record profits.
Retail chains actually have a lot of pull over the market, the individual food companies are more beholden to the grocery chains than you might think.
The grocery stores are mostly monopolies too. I am lucky enough to have a couple good small privately owned grocery stores near me. Their prices haven’t gone up nearly as much.