Is this even news, ofc they did, give them an inch and they always take a mile, war, recessions and sickness are always a profiteering venture for business.
Don’t think of your death as failure; think of it as fun! Don’t think of Wal-Mart’s price hikes as war profiteering, think of them as war… fun!
Death is the only thing we’re promised from life and without it, life would have little meaning. Death is simply a contract fulfillment.
See, it’s very simple. You create a massive monopoly/duopoly/triopoly, to undercut, out compete and otherwise dominate small businesses, until they’ve been fazed out… then once it’s only you, and you decide the pricing, then you start screwing around with prices while politicians twiddle their thumbs.
Split them up. We did it to the phone companies
Enshittification in a nutshell.
Anyone got a link to the actual report?
It’s in my comment posted further down. https://lemmy.ca/comment/8135463
You fucking bet and it sure as hell isn’t limited to grocery stores.
I think the FTC is the only one surprised about this. I bet they’re getting their most severe finger wagging ready to go.
Okay? Now fucking do something about it.
Prices were always going to rise, COVID just gave them an excuse to accelerate it in a shorter amount of time. In Capitalism every company with stockholders has to show ever-increasing profits, because it’s never enough. Even if you knock it out of the park one year, you’re expected to knock it out of the park even further the next year. And so they keep charging as much as they think they can get away with, and it’s really not sustainable. We’re approaching the limits of it now as everyone is taking so much that the average citizen doesn’t have much more to give.
It’s ethical to steal from these grocery chains.
Isn’t that what they call self checkout?
deleted by creator
… self-care out.
And yes, we definitely should realize how brainwashed we are to always think of the poor extremely rich people.
And that’s why self checkout is no more at the closest grocery store to me.
Everyone keeps saying this is capitalism and its true. Companies squeezing everyone when they’re vulnerable for more profits.
Consumers need protections for things like basic needs so we don’t struggle just to survive.
Food and housing should be protected. Luxury brands can get all the profit they want.
Don’t touch my fucking groceries and rent!
Are you saying human quality of life is more important than (strictly financial) profits?? I’m thought that is blasphemy and that I must shame you for it. How dare.
This is why giant supermarkets are bad. When you have a choice of several places to buy, they compete.
Rent though has been captured by optimisation software. Your rent goes up because a computer predicted you (or someone else) would pay more.
Is anyone going to do anything about it? No
In other insanely obvious answers… join us, tonight at 8.
Next: sky is blue
For now. But soon it will just depend on what brand wants to advertise using the whole of the sky.
After these words from our sponsor. Do bears really shit in the woods? The answer may surprise you.
Followed by: water is wet
I love all the headlines that declare [report about thing you already figured out years ago] was in fact true, like it’s a fucking surprise. Some would say it’s good to have corroborating data, but it never seems to help and I’m just exhausted being right so dammed often.
Of course, but they didn’t lower the prices after. Fucking awful evil companies.
We all knew they did.
