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News@lemmy.world · 7 months ago

Did grocery chains take advantage of COVID shortages to raise prices? FTC says yes in new report

www.usatoday.com

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Did grocery chains take advantage of COVID shortages to raise prices? FTC says yes in new report

www.usatoday.com

return2ozma@lemmy.world to

News@lemmy.world · 7 months ago

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.

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7 months ago
This is why giant supermarkets are bad. When you have a choice of several places to buy, they compete.

Rent though has been captured by optimisation software. Your rent goes up because a computer predicted you (or someone else) would pay more.

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