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Why did companies suddenly become greedy in 2021 when they weren't greedy from 1980 through 2020? Why are they less greedy again in 2023?
by astrange 4y ago
Why did companies suddenly become greedy in 2021 when they weren't greedy from 1980 through 2020? Why are they less greedy again in 2023?
- bugglebeetle 4y agoThey didn’t become greedy, an exogenous shock (COVID) caused real price spikes, which then subsided. Companies then decided the price spikes were a new floor, which they could get away with because of corporate concentration, resulting from lack of regulatory oversight and a congress that is asleep at the wheel/paid off by said corporations.