Companies don't jack up prices anymore. They lower their costs (ie reduce labor). It ends up inore profit and doesn't set off alarms at the FTC, which looks for

Companies don't jack up prices anymore. They lower their costs (ie reduce labor). It ends up inore profit and doesn't set off alarms at the FTC, which looks for harm to the consumer. Monopsony has been shown to reduce wages[1]. [1] http://journals.sagepub.com/doi/full/10.1177/0003122418762441 http://journals.sagepub.com/doi/full/10.1177/000312241876244...