Walker said estimates were that New Zealanders were paying anything from $45 million to $65m a year in excessive surcharges.
https://www.rnz.co.nz/news/business/581970/shoppers-get-surcharge-warning
#nzpol #excessivesurcharge #excessiveprofits #excessivegreed
South Korea’s Fair Trade Commission is investigating SK Telecom and KT over allegations of deceptive movie ticket discounts, with Chairperson Joo Byung-ki citing excessive profits and ongoing fact-checking.
Wage rises convert overproduction into economic growth, making them inflation neutral. Tax cuts OTOH are totally inflationary. As are excessive profits and rents.
#economics #inflation #TaxCuts #ExcessiveProfits #EconomicRents
Greedflation: corporate profiteering ‘significantly’ boosted global prices, study shows | Inflation | The Guardian
https://www.theguardian.com/business/2023/dec/07/greedflation-corporate-profiteering-boosted-global-prices-study
#Greedflation
#Profiteering
#GlobalPrices
#Prices
#Inflation
#Multinationals
#IPPR
#Thinktanks
#CommonWealth
#Profits
#ExcessiveProfits
#ExxonMobil
#Exxon
#KraftHeinz
#Glencore
#RioTinto
#Unite
#Shell
#ArcherDanielsMidland
#Bunge
#Cargill
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