Re:Record-Breaking Egg Profits Prompt Accusation of Price Go...
by csb6 on Wednesday February 22, 2023 @01:56PM
(#34900774)
> This feels to me like a case where the market should sort it out - I would think there would be enough competition in the egg industry that it should be difficult to gouge.
If all of the large producers are in on it, then the market would not be able to sort itself out. It would be a trust situation.
As the article states, competition is decreasing due to acquisitions by egg producers.
If all of the large producers are in on it, then the market would not be able to sort itself out. It would be a trust situation.
As the article states, competition is decreasing due to acquisitions by egg producers.