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.
  • oxjox@lemmy.mlEnglish
    0·
    3 months ago

    The prices inflated due to the supply shortage during Covid have returned to normal levels. The grocery items which are seeing inflated prices today are due to a number of reasons, mostly due to climate change and animal illness. Every company operates in a manner as to increase profits. The pandemic forced businesses to eliminate jobs while increasing efficiency. So, profits are naturally going to increase.

    • glimse@lemmy.world
      0·
      3 months ago

      You must be living in a different planet… Prices have absolutely not gone back to normal