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RSomnambulist t1_jcy84l5 wrote

This hasn't been true since the pandemic. The supply crunches have been used to obfuscate margin increases as a test to see what the market will allow before they react. We've proven that we'll keep buying and throw nearly all the blame at inflation and supply chain regardless of it often being the smallest part of a particular items inflation. This is true of most food stuffs increases to prices.

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SilasX t1_jcy8o4i wrote

Like I said, that doesn't work generally because of competition. If you have actual concrete evidence of cartelization, then you can cite the evidence of that.

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RSomnambulist t1_jcy93by wrote

Cargill and Tyson for one. Both companies are keeping chicken prices artificially high and reaping huge margins.

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SilasX t1_jcy97t6 wrote

That's not evidence of cartelization. Again, what changed so that they couldn't or wouldn't do this in 2018, or 2009, or ...?

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[deleted] t1_jcyqzfn wrote

[deleted]

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SilasX t1_jcyr8rs wrote

That's the same thread, and didn't answer the question there either.

Edit: lol blocked for applying basic economics. You guys sure are thin-skinned.

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[deleted] t1_jcyrf8u wrote

[deleted]

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SilasX t1_jcyrrta wrote

What changed in terms of cartelization. "The pandemic is what changed" is consistent with the (more probable) supply shock explanation. Again, why not do it in e.g. 2009 when they could have "obfuscated" it with swine flu?

Again, they're always greedy. Why isn't competition restraining it this time?

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