Couldn’t read the whole article but in the beginning they write: The imf has found that higher profits “account for almost half the increase” in the euro zone’

Couldn’t read the whole article but in the beginning they write: The imf has found that higher profits “account for almost half the increase” in the euro zone’s inflation… It sounds like it’s a legitimate idea. Do they disprove the IMF finding? With the rise of oligopolies it seems to me that pricing power isn’t subject to downward pressures one would normally expect in a market with healthy competition.