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1200poundgorilla t1_j6lsqwt wrote

Reply to comment by pigsgetfathogsdie in Costco - Prices are 20% high. Organic Milk during shortage/COVID was raised to $9.99 per gallon and today it was 11.99 per gallon by MogamboKushhua468

Exactly, once they figure that they can keep the prices there and demand doesn't go down, why on earth would you lower your prices?

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teth21 t1_j6m23x9 wrote

Other companies can lower prices then and take market share

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Expensive-Concert-41 t1_j6m2brc wrote

I <3 capitalism I hope that comes soon

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MercyFive t1_j6m3k0o wrote

I only know of one big chicken processor.....

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stockrot t1_j6mdqt8 wrote

Actually 2 but they definitely price fix. Purdue and Tyson. It is uncanny when the two come out with weekly wholesale prices always the same

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Random_Guy_47 t1_j6mcf9z wrote

Or they can raise their prices too and keep the same market share but make more money with that share.

Unfortunately the greedy bastards are all going with option 2.

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1200poundgorilla t1_j6m3lsk wrote

We're seeing that play out in the electric car space right now. And that would be something that would lower demand, theoretically. But if everyone is keeping their prices higher than we think they should, they're either selling out the inventory they're able to stock, there could be collusion, or several other things happening... img

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