If companies collude and price fix, that will always be a “giant gold mine”. But it’s an unethical gold mine, and a good example of why more regulation is needed in a lot of places.
Covid turned out to be a giant goldmine for Corporate America
Submitted 10 months ago by MicroWave@lemmy.world to economics@lemmy.world
https://sherwood.news/business/covid-earnings-profitability-goldmine-for-corporate-america/
Comments
circuitfarmer@lemmy.sdf.org 10 months ago
Wrench@lemmy.world 10 months ago
And why we need to prevent “mergers” to force companies to continue to compete before they reach mega Corp size and power
Coreidan@lemmy.world 10 months ago
Covid was just an excuse to price gouge. Because it worked so well you can expect more shit like this in your lifetime.
You know what they say. Never let a good disaster go to waste.
They will drum up more human suffering as long as it pays for their yachts.
ccunning@lemmy.world 10 months ago
“Chaos is a ladder”
glimse@lemmy.world 10 months ago
Wow you mean the people who used their power to artificially inflate the cost of essential goods and services while claiming it was a “supply chain issues” came out on top? You mean that once again the working class was forced to pick up the slack as the lazy 1% got richer off their backs?