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 alyaza [they/she]   ( @alyaza@beehaw.org ) MA to U.S. NewsEnglish · 2 years ago

Large Grocers Took Advantage of Pandemic Supply Chain Disruptions, F.T.C. Finds

www.nytimes.com

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Large Grocers Took Advantage of Pandemic Supply Chain Disruptions, F.T.C. Finds

www.nytimes.com

 alyaza [they/she]   ( @alyaza@beehaw.org ) MA to U.S. NewsEnglish · 2 years ago
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A report found that large firms pressured suppliers to favor them over competitors. It also concluded that some retailers “seem to have used rising costs as an opportunity to further hike prices.”
  •  Midnitte   ( @Midnitte@beehaw.org ) 
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    2 years ago

    Of course they did, who was trying to stop them?

    The FTC takes too long to respond to such price gouging, and now that price is baked into prices.

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