When the prices go up this creates an area of high profitability for a new company to enter and undercut the competition. Since most basic commodities compete p

When the prices go up this creates an area of high profitability for a new company to enter and undercut the competition. Since most basic commodities compete primarily on price I would not expect prices to rise much higher. Utilities have a bit more lock in due to their natural monopolies so can potentially be more of an issue however things like off grid solar+batteries are getting cheaper and cheaper every year, effectively putting a price ceiling on the electricity company. Wireless and LEO satellite internet services are starting to ramp up which will put pressure on incumbent ISPs. Most gas appliances can be replaced with electric etc.