Re:Carrefour puts ‘shrinkflation’ price warnings on food to ...
by polygamous_bat on Friday September 15, 2023 @12:12PM
(#37525288)
> But even if it's true, and they recorded the largest profits, the catalyst still is the monetary policy. If businesses could just price gauge their clients, they would have already done it before.
You can't think of any major global event that happened since 2020 that may work as a "distraction" and a cover while businesses engage in monopolistic/anti-competitive behavior?
>Do not buy into that narrative.
Would you mind sharing the data? I've done a quick search, but I can't confirm what you said.
I found this, which contradicts what you said, but Statista is not super reliable: https://www.statista.com/statistics/1116200/australia-net-pr...
But even if it's true, and they recorded the largest profits, the catalyst still is the monetary policy. If businesses could just price gauge their clients, they would have already done it before. The goal of a corporation has always been to maximize utility, and this hasn't suddenly changed; so ask yourself, why are they raising prices now.