FTC confirms: #Greedflation:
Big retailers pressured suppliers into giving them favorable access to goods, hurting smaller grocers & communities. Their revenue increases have outpaced their cost increases, casting doubt on claims that higher grocery prices solely reflect rising costs.
Lg. grocery store chains exploited product shortages during the pandemic by raising prices significantly more than needed to cover their added costs & continue to reap excessive profits. https://finance.yahoo.com/news/large-grocery-chains-took-advantage-220559321.html