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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsIf Trump gets grocery corporations to lower their pricing algorithms
that is proof it is all collusion. Just monitor the prices of domestically farmed, produced groceries. If they come way down then we know. There was a collusion case prosecuted in Canada on the price of bread.
Trump Says Midterms Will Be About âPricingâ
— HuffPost (@huffpost.com) 2025-12-27T18:31:16.876Z
marble falls
(70,634 posts)dweller
(27,792 posts)We just cant afford him any longer
✌🏻
stonecutter357
(12,970 posts)Ms. Toad
(38,127 posts)applegrove
(130,045 posts)Corporations can be held accountable.
ret5hd
(22,153 posts)you good.
Ms. Toad
(38,127 posts)In both the United States and Canada. But the rules for what it takes to hold a corporation liable are different. Not to mention that while it may be possible to hold a corporation liable in Canada for collusion, what constitutes collusion in the US may be very different (and collusion is not, itself, a violation of US law - it is only part of an overall offense, such as a violation of antitrust laws).
Disaffected
(6,123 posts)Just wondering....
Ms. Toad
(38,127 posts)Just because it happened in Canada doesn't mean it can happen here.
Disaffected
(6,123 posts)so I won't add to it.
Bayard
(28,411 posts)Turbineguy
(39,808 posts)plus there's a lot of competition. I don't see where he can have much influence. Except bankrupting all farmers, that would bring a temporary price drop. Until people started starving.
global1
(26,361 posts)they told me that they had plenty of product in the back room - but their superiors were telling them to make the shelves look like - they were almost picked clean. The store raised prices on the products - because they knew they could get away with raising the prices during this bogus shortage.
Most retailers during that period did the same and they made a killing in profit during that time.
You remember. When everyone was out stocking their house with goods because they thought they wouldn't have anything to eat. The run on paper goods (toilet paper, hand towels, kleenex).
Those were the hay days for those stores.
I'm sure that these retailers are taking advantage of this situation too. This time they could blame it on the tariffs - so they are pushing the top end of product pricing again.
Everytime I go to the grocery store - I'm paying more money for the same product I used to get cheaper.
Might as well pile on. Everybody is doing it.
ProfessorGAC
(75,749 posts)When the stores here had empty shelves, they didn't have it.
People panic buying, delayed shipping, then the supply chain issues caused by bad production planning, JIT out of control, mismanaging of safety stock & lack of emergency price & purchase controls led to actual shortages.
And, we're a half-hour from warehouse central for the Midwest.
In the fringes of Chicagoland, the shortages were real.
global1
(26,361 posts)raise prices on everything and they took advantage of it.
We're kind of in that same situation again - but this time it's the tariffs excuse that is causing the raise in prices.
There are a lot of unscrupulous people out there and they know how to manipulate the system.
My belief is that if spending was up over this holiday - it wasn't because people bought more product.
They bought product that was marked up (using the excuse of the tariffs) and hence they spent more money.
Sorry - but that's the way I feel about this.
ProfessorGAC
(75,749 posts)Oddly enough, the one item I moaned about a couple months ago suddenly was "on sale" for only a dollar more than It used to be 4 months ago.
Old Trapper beef jerky went from $12.99 to $20.69 overnight. (8 ounce bag)
Then suddenly it's $14.29?
Sounds like a gouge that went sideways. Wasn't just our store. It was Old Trapper.
When that big price hit happened, I looked at their website. Direct from the manufacturer was $218 IF I bought a box of 12 Amazon went up 50%. Walmart;Target; Meijer....
They gouged; volume went down; they corrected.
So I have reason to believe your suspicions have some merit.
Keepthesoulalive
(2,103 posts)If the grocery stores want to go under all they have to do is attempt to appease president dumb ass.
Melon
(999 posts)applegrove
(130,045 posts)don't you want a rebate? And a promise that they will not use algorithmic pricing to collude again? Otherwise they will just raise prices under Democratic Presidents and destroy their administrations and lower prices when a Republican President tells them to.
Melon
(999 posts)I want lower prices at the point of sale. Full stop. I see where the costs are being inflated. The farmers are not benefiting from high prices. Lower the prices.
Rebates mask the price of goods. They lock in high margin, tie the consumer, and then rely on a rebate to equate back to a true market price. We use them to hide cost and pricing and bind customers. Rebates can be removed. They dont allow supply and demand to change markets.
Conjuay
(2,875 posts)Pulled by Walgreens.
Inflate all the prices and then have special lower prices for the people who join their BS loyalty program.
I won't shop there.
Melon
(999 posts)The corporations that survived forever ever at 13% margins got used to 25% margins during Covid. The corporations and the stock market got used to those earnings. Raw material margins in manufacturing and base chemicals are down to pre-COVID. The corporations are maintaining the higher margins and preventing deflation. Products close to the consumer like milk and eggs are down in price, but highly processed goods have inflated margins. Negotiate on behalf of consumers to return margins to pre covid numbers and our prices will come down without gimmicks that hurt the markets.
MichMan
(16,571 posts)Melon
(999 posts)Did your salary go up 119% also?.
MichMan
(16,571 posts)I wouldn't. I was still working in 2019 and retired in 2021. I am now dependent on SS and my IRA.
Melon
(999 posts)The point is margins in that sector have doubled since Covid. That is the problem. But you are ok with doubling the net margin to pay the corporations and investor returns versus lower grocery pricing. The raw material prices have dropped but the money is absorbed in the middle before the consumer, which you are ok with. You are arguing for expanded margins to the stores.
MichMan
(16,571 posts)Yet a company like Apple, producing 95% of their products in China, makes a 27% net profit with nary a peep.
Melon
(999 posts)They have enough room to the consumer that they have changed their pricing model due to Covid.
Those low numbers are net. These business are gross profit of 25% or more, which is what is commonly discussed. They are now taking margins on food like gas stations used to.
They have doubled and more the net margins since Covid. Those numbers have always been low. Many business are not profitable some years and more so fluctuating. People here are defending these publicly traded companies that they are fine with the corporations doubling their profits and driving up staple prices. Its not going to the farmer and being taken by the Walmarts. This place is a trip.
gulliver
(13,702 posts)We are living in a programocracy. We need our leaders to be really sharp when it comes to understanding IT and AI in particular. I don't know how we get leaders that can do that. We can get sincere leaders. We can get strong leaders. We can get smart leaders. But how you get leaders who thoroughly comprehend the situation we're in, I don't know.
They have no incentive to lead us. We made the job of leadership untenable. We flood the field with dimestore charisma, and photogenic people. So-called fighters. It's just a nightmare.
markodochartaigh
(4,940 posts)Previously:
https://calmainefoods.gcs-web.com/news-releases/news-release-details/cal-maine-foods-inc-issues-statement-recent-court-decision/
https://www.just-food.com/news/us-egg-producers-forced-to-pay-us53m-in-price-fixing-case/
Also:
https://www.newsweek.com/kroger-executive-admits-company-gouged-prices-above-inflation-1945742
https://www.cbsnews.com/sanfrancisco/news/safeway-albertsons-vons-false-advertising-scanner-settlement/
https://www.fooddive.com/news/JBS-beef-price-fixing-case-settlement-25m-tyson-cargill/647949/
https://thecounter.org/dairy-cooperatives-herd-retirement-cow-slaughter-antitrust-price-fixing-retailer-lawsuit-settlement/
https://www.swineweb.com/hormel-foods-reaches-settlement-in-pork-price-fixing-case/
https://apnews.com/article/sugar-pricing-lawsuit-antitrust-09d5c6e82bbab8ca6d23355c19031fe5