▲ 831 ▼ Did grocery chains take advantage of COVID shortages to raise prices? FTC says yes in new report (www.usatoday.com) submitted 2 years ago by return2ozma@lemmy.world to c/news@lemmy.world 68 comments fedilink hide all child comments
[–] Landless2029@lemmy.world 32 points 2 years ago (2 children) 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! permalink fedilink source hideshow 4 child comments replies: [–] Evil_Shrubbery@lemm.ee 11 points 2 years ago 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. permalink fedilink source parent [–] psud@aussie.zone 5 points 2 years ago* 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. permalink fedilink source parent
[–] Evil_Shrubbery@lemm.ee 11 points 2 years ago 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. permalink fedilink source parent
[–] psud@aussie.zone 5 points 2 years ago* 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. permalink fedilink source parent