No, that is not the issue anymore and has not been for a while. Last time, to stop this, the government had to threaten with anti cartel actions - the prices were suddenly down again.
You might be thinking drug cartel when you see the word cartel. A cartel is a group of companies in the same business colluding for reasons like to remove safety regulations or keep prices high. There is a worldwide diamond cartel that keeps those prices up and spreads bullshit about how your fiance won’t be happy without an expensive, natural diamond. Yes, there is even a cartel for eggs. They are loving bird flu because they can blame it for high prices.
No, that is not the issue anymore and has not been for a while. Last time, to stop this, the government had to threaten with anti cartel actions - the prices were suddenly down again.
What do the cartels have to do with eggs?
You might be thinking drug cartel when you see the word cartel. A cartel is a group of companies in the same business colluding for reasons like to remove safety regulations or keep prices high. There is a worldwide diamond cartel that keeps those prices up and spreads bullshit about how your fiance won’t be happy without an expensive, natural diamond. Yes, there is even a cartel for eggs. They are loving bird flu because they can blame it for high prices.
Same thing as the willi Wonka prequel.
There is not enough competition.
I’d like some sauce on this.
Example, convicted of price fixing