Quote:
Originally Posted by eyecu2
There are TONS of examples of price gouging out there. Take a look at teh beverage industry- specifically those who produce Soda. Sugar- a main ingredient of these beverages, along with corn syrup, had gone up 20% since 2020 and the pandemic, but prices rose 50% to the consumer. Prices for suger have continued to dropped steadily now, yet the prices are steady at the 6.99 -7.99 per 12 pack. That's more expensive than beer, or other premium beverages in particular. It's a clear example of when the quiet pricing stays static due to so few players in the soda industry; and the grab for as much money as they can get in the short run till consumption starts to drop. So far- it seems like consumption must just be starting to cut into revenues, due to no change in price. ...
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Oh! There is price gouging. And sugar is a prime example.
Think of it. What is sugar? Simply put: air and water. Expose it to a little green stuff and Voila!
Last time you looked, how much did you pay for same mass of air and water compared to sugar?
