Thinktank report says ‘resounding evidence’ shows companies continue to keep prices high even as their inflationary costs drop
    • Midnitte@beehaw.org
      1·
      9 months ago

      Also from CEOs just copying behavior.

      You saw it with the recent tech layoffs - “well if Google thinks they need to lay off people, maybe we should lay people off - they must know something we don’t”

  • Gaywallet (they/it)@beehaw.org
    1·
    9 months ago

    Entirely unsurprising. I also think with how anti-regulation we are in the US, that nothing is likely to change anytime soon. At the very least, you’d think it would be pretty widely accepted that investigating and spending resources to stop price collusion would be an easy win. Realistically, they aren’t investigating now and I see little to no reason they’d start investigating anytime soon.