So, it looks like their revenue went down a tiny bit in inflation-adjusted dollars, and their margins are basically flat - 3% is noise; historically, too - the recent increase was due to a prior COVID drop [1]

That doesn't look like monopoly abusing its power to me.

[1] https://www.macrotrends.net/stocks/charts/PG/procter-gamble/...

It is, though, an excuse used by pretty much every incompetent authoritarian politician from Russia to Venezuela.