Politicians must acknowledge that companies’ systematic profiteering is pushing household finances over the edge
e should care more about being overcharged for the things we buy. After three years when UK shop prices have rocketed by about 20%, it is reasonable to examine whether the extra cost is justified and whether the government should have done more to protect us.
To show the case is not isolated, Amazon is also under scrutiny for allegedly abusing its power as a monopolist. Again,is about Amazon’s search function, and how it allegedly artificially inflated the prices paid by consumers. One complaint asserts that Amazon makes discount sellers invisible on its online marketplace in favour of its own registered sellers when a customer types in a search term. Amazon denies the allegations.
Inflation went up as firms with market power told shoppers they, and not investors, would pick up the tab
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