My guess is it's sort of a game of chicken. If I raise my prices but my competitor down the road doesn't, then I probably lose. At the very least consumer watc

My guess is it's sort of a game of chicken. If I raise my prices but my competitor down the road doesn't, then I probably lose. At the very least consumer watchdogs will be all over me. The massive media blitz about how we're in a recession and facing hyper inflation is creating the perfect smokescreen. If I raise my prices now, in current climate, ky competitors will likely follow suit. Because we all know we can get away with playing dumb and pretending it's just inflation.