Large Grocers Took Advantage of Pandemic Supply Chain Disruptions to Engage in Price Gouging and Deceptive Pricing, FTC Finds
Posted by antonos2000
Large Grocers Took Advantage of Pandemic Supply Chain Disruptions to Engage in Price Gouging and Deceptive Pricing, FTC Finds
Posted by antonos2000
3 Comments
>Study finds that economics happened
Looks like some folks just discovered that greed is a reliable business strategy
wow, the headline is taking a lot of editorial license
the report doesn’t have the word “gouging” in it lol
https://www.ftc.gov/system/files/ftc_gov/pdf/p162318supplychainreport2024.pdf
edit: the point in the report about profits increasing faster than costs is also a curious one. Maybe it is profiteering above-and-beyond what has been historically the average. But I would want to know if grocers were forced to optimize their cost structures during the pandemic as well. Everyone was scrambling to do more with less.