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by RosanaAnaDana 1255 days ago
I mean that the published answer. There is another narrative where due to weak central governments that aren't interested in protecting consumers, companies have realized there is quite a bit more meat on the bone when it comes to margin if consumers have no real choice.

Companies see the federal line that we're in an inflationary environment and raise prices re-actively.

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The commodity business is usually intensely competitive. Single firms don't have the market power to set prices. If firms are colluding they are breaking the law and I guess might have to pay a fine in 5 years or something.