Comment on What does a federal ban on price gouging look like?
Artisian@lemmy.world 1 month agoI’ll note that grocers record profits are orders of magnitude less than the price increases. Maybe somebody is getting rich off of the price increases, but I’m pretty sure Walmart is not.
LastWish@lemmy.world 1 month ago
"Hey, our wholesale costs went up 300%, so we raised it 400% because fuck you, we’re all doing it and you don’t have any other options " is still price gouging and collusion.
Artisian@lemmy.world 1 month ago
Agreed, that would be.
But the most they could have done is 308% instead of that 300%, and I think they managed to get lots and lots of small stores to do it at the same time.