Comment by mhb
1 day ago
> the savings are absorbed by the company, not passed on to the consumer
How do you come to this conclusion without a deep dive into a supermarket's finances?
1 day ago
> the savings are absorbed by the company, not passed on to the consumer
How do you come to this conclusion without a deep dive into a supermarket's finances?
You don’t need a deep dive to see supermarket consolidation that keeps happening year after year. When there is less competition to drive down prices, it is very safe to say to assume that consumers will get less and less surplus for any change a grocery makes.
So what constrains the prices in supermarkets?