Court hearing exposes role of supermarket's price gouging in inflationary pricing

Kroger Director of pricing admitted in Court at antitrust trial they raised prices on essentials like eggs and milk above inflation. GREEDFlation is Not a fringe theory.

Republicans voted against the Consumer Fuel Price gouging Prevention Act, against lowering price's and against unclogging supply chain backlogs. Harris/Walz 🇺🇲💙🗽⚖️

Greed is the reason inflation hasn’t gotten better sooner.

the city is price gouging my gas, electric, and water bills

Exactly, they thought they could get away with it in all of the Chaos.

Large corporations are making record profits due to unjustified price gouging. They admitted to it

We here in Australia are having the same problem with supermarkets price gouging

This is great news, hope it gets good coverage across the media spectrum.

I knew prices would go up when the government mentioned stimulus money... And they did. I also said publicly that the prices would not go down. They didn't. My Dad, who made quite a bit of money owning a trucking company hauling coal here in Southeast Kentucky always told me "they will NEVER let poor people get ahead.". Boy was he ever right. RIP. Daddy. BTW: my name is Teri using my late husbands YouTube account.

Kamala Harris ACTUALLY understands economics and the need to address these issues with a multi prong approach 1) stop crisis time price gouging , expanding existing state laws to the federal level and empowering agencies to investigate the data driving those choices 2) expand and empower anti-trust laws to break up monopolies and create the more competitive business environment necessary for a healthy capitalist economy 3) stop price fixing by corporate landlords 4) increase the housing supply both with incentives to builders AND to towns to embrace housing friendly zoning 5) empower demand with assistance for qualified buyers

THERE IS ONLY ONE MAJOR GROCER AND SUPERCENTER STORE, AND A FEW SMALLER STORES THAT REALLY LEND A HELPING HAND TO THE MIDDLE CLASS AND POOR. IT'S WALMART, ALDI, & TRADER JOES. THE REST ARE GETTING OUT OF CONTROL. THEY HAVE THE MOST AFFORDABLE PRICES ON PRODUCTS HANDS DOWN.

Never confuse a "conservative" with facts.

In the Bay Area a gallon of milk🥛or a loaf of bread 🥖 costs as much as a gallon of gasoline ⛽️

KP is doing great work!

Great video 👍 It goes back to the "Standard oil" statue " price fixing and market manipulation is illegal 😮

90% of grocery store market share in Australia falls to two companies. Australian grocery retail margins are near double that of the USA and UK. The grocery sector needs competition for prices to stay reasonable.

Talk is CHEAP, until CEOS and executives start going to PRISON, your segment is empty chatter!

Why is everything so costly now? Not just groceries, everything. Even interest rates are so high. Price gouging too? You people are not ashamed of yourselves

is that like saying your golf course is worth 1 Billlion, and raising your memberships after you do?

Without a doubt, price gouging is huge in every country. Because of logistics, prices rocketed during COVID. Once the logistics issues were resolved, prices did not come down. Corporates have benefited disproportionately from the international crisis that COVID brought.