Conversation

Half of inflation is from companies not lowering prices after supply chain issues ended post-COVID.

The lack of competition among grocery chains and diaper brands listed in the article is due to consolidation. When there are only 2 or 3 players in a market, it’s in their best interest not to compete on price.

Yet the FTC goes after big tech instead of the companies making the average American’s bills high. This is why people complain about the economy under Biden.

https://www.theguardian.com/business/2024/jan/19/us-inflation-caused-by-corporate-profits