Why Are Grocery Prices So Expensive? The Real Cause, Study: Thom Hartmann 🍏

[appalachiablue]

- Have you noticed a mysterious surge in grocery bills lately? From produce to pantry staples, prices seem to be scaling new heights. What's behind this unprecedented climb? (Dec. 2023). 🥓
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.. Monopolies are thus characterised by a lack of economic competition to produce the good or service, a lack of viable substitute goods, & the possibility of a high monopoly price well above the seller's marginal cost that leads to a high monopoly profit. The verb monopolise/monopolize refers to the process by which a company gains the ability to raise prices or exclude competitors..In law, a monopoly is a business entity that has significant market power, that is, the power to charge overly high prices, which is associated with a decrease in social surplus...
https://en.wikipedia.org/wiki/Monopoly

- These *11 companies own everything you buy. (See 2 Graphics)
https://capitaloneshopping.com/blog/11-companies-that-own-everything-904b28425120