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Comment by wernsey

2 hours ago

What happens in practice that there are only so many grocery stores where consumers can choose to shop thanks to corporate mergers and lax antitrust enforcement. So if all of them raise their prices at the same time then those consumers are out of luck.

Now technically it would be illegal for the grocery stores to collude in price fixing like that, but they'll hide behind the fact that all of them will buy their surveillance pricing data from Google [1].

Google will tell all of the competitors exactly how much they can charge you for your eggs, and you'll get the same price everywhere.

[1] https://www.thebignewsletter.com/p/will-google-organize-the-...

If they could do that they wouldve already. Grocery prices skyrocketed during covid yet margins for grocers remained bottom of the barrel.