Just like during covid they'll find excuses. Until a regulatory body investigates them for price fixing nothing will change. So nothing will change.
During covid, the soda companies kept raising prices. They claimed supply chain. Then, I think it was the SEC(probably wrong), stepped in and said "We're gonna investigate ya for price fixing" and suddenly soda prices went back down.
It was the FTC investigating grocery retailers in general creating higher prices to protect their profits while the retailers blamed COVID.
Separately, the “Federal Trade Commission sued PepsiCo on Friday, alleging that it has engaged in illegal price discrimination by giving unfair price advantages to one large retailer at the expense of other vendors and consumers.”
Sadly, DOGE probably fired all the people in the SEC and other agencies that would have gone after corporate price fixing from this current debacle. Hard to believe that this administration may have made prices worse than the Biden administration.
Actually, its not hard to believe, its totally Trumpian.
We've already seen it happen with the Chinese tariffs being temporarily (possibly permanently, now) lowered. Competition works, as always (price fixing excepted).
Any inventory imported under the tariffs still needs to be sold through. There’s also a threat that this administration will ignore the ruling or pull other tricks to suddenly impose tariffs through some other avenue.
As long as tariff threats are being thrown around and this administration continues to act unpredictably, we are far from out of the woods.
