Comment by foxyv

2 years ago

This is another indication that we need to start breaking up large corporations. In a competitive market this wouldn't fly. You would be out-priced by your competitors and go out of business. EG: Why buy chicken at $4/lb from Tyson when you can buy it from 10 other companies for $1/lb.

But when you are such a huge percentage of the market you can easily watch your competitors (If you have any) run out of stock and raise their prices as well. I hope this gives the FTC a ton of ammunition in their future legal battles. Although I'm not optimistic, considering they are less funded than the legal departments of the corporations they are going up against.