Ed Wilk antifascistSep 28, 2023
Today in Big Meat
https://www.reuters.com/legal/us-doj-brings-meat-industry-antitrust-case-against-data-company-agri-stats-2023-09-28/
#chunderroad #doj #PriceGougingCompanies #meat
US DOJ files meat industry antitrust case against Agri Stats

The U.S. Department of Justice on Thursday filed an antitrust lawsuit against data company Agri Stats, alleging that its weekly reports on meat pricing and sales have enabled anticompetitive practices in the chicken, pork, and turkey industries.

Reuters
AnneTheWriterSep 16, 2023

A #MustRead #thread🧵 by @badlogic about his data analysis of #grocery #prices over the past several years in #Austria.

Don't think it isn't relevant to you if you don't live there, because it probably is. It certainly reflects trends many people have posted about in the #USA and the #UK, and I would bet it applies elsewhere, as well.

The #supermarket store chains use #marketing tricks of on-site #discounts, #coupons, and frequent shopper reward schemes, making it nearly impossible to know the real prices of items over time, and allowing companies to creep prices upwards unchecked. But this #DataAnalysis method clarifies how so many corporate profits increased so much post-Covid.

Take the time to read the whole thread. It's fascinating-- and eye opening.


#Inflation #Groceries #CostOfLiving #Food #MarketTrends #DataAnalyses #Markets #MarketCompetition #PriceGouging #PriceFixing #PriceGougingCompanies

https://mastodon.gamedev.place/@badlogic/111071396799790275

Mario Zechner (@[email protected])

Today was ... interesting. If you followed me for the past months over on the shitbird site, you might have seen a bunch of angry German words, lots of graphs, and the occassional news paper, radio, or TV snippet with yours truely. Let me explain. In Austria, inflation is way above the EU average. There's no end in sight. This is especially true for basic needs like energy and food. Our government stated in May that they'd build a food price database together with the big grocery chains. But..

Gamedev Mastodon
MusiqueNow   âśˇď¸Ź 🇵🇸 Nov 6, 2022

https://vid.puffyan.us/watch?v=NY1P1N00BZ8

Congressmember #KatiePorter of #California on #PriceGougingCompanies driving
#inflation
#costofliving

#WorkersNOTWallStreet !!

'Ripped Off': Katie Porter On How Price-Gouging Companies Are Driving Inflation

Congresswoman Katie Porter joins Chris Hayes to discuss how corporations are hiking prices and generating record profits—all under the guise of “inflation.” » Subscribe to MSNBC: http://on.msnbc.com/SubscribeTomsnbc Follow the MSNBC Midterms Elections guide to the important races across the United States as Americans prepare to cast their votes. Countdown to the Midterms: https://on.msnbc.com/3KlULq8 Follow MSNBC Show Blogs MaddowBlog: https://www.msnbc.com/maddowblog ReidOut Blog: https://www.msnbc.com/reidoutblog MSNBC delivers breaking news, in-depth analysis of politics headlines, as well as commentary and informed perspectives. Find video clips and segments from The Rachel Maddow Show, Morning Joe, The Beat with Ari Melber, Deadline: White House, The ReidOut, All In, Last Word, 11th Hour, and Alex Wagner who brings her breadth of reporting experience to MSNBC primetime. Watch “Alex Wagner Tonight” Tuesday through Friday at 9pm Eastern. Connect with MSNBC Online Visit msnbc.com: http://on.msnbc.com/Readmsnbc Subscribe to the MSNBC Daily Newsletter: MSNBC.com/NewslettersYouTube Find MSNBC on Facebook: http://on.msnbc.com/Likemsnbc Follow MSNBC on Twitter: http://on.msnbc.com/Followmsnbc Follow MSNBC on Instagram: http://on.msnbc.com/Instamsnbc #msnbc #katieporter #pricegouging

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