Did grocery chains take advantage of COVID shortages to raise prices? FTC says yes in new report
Did grocery chains take advantage of COVID shortages to raise prices? FTC says yes in new report
www.usatoday.com Did grocery chains take advantage of COVID shortages to raise prices? FTC says yes
Large grocery store chains raised prices well above their costs during the pandemic's supply-chain bottlenecks and product shortages, FTC report says.
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Shouldn't we blame this on the food monopolies rather than grocery stores?
10 2 ReplyPlenty of blame to go around here.
27 0 ReplyThey both posted record profits.
4 0 Reply
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.
4 0 ReplyThe 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.
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