Domestic food price inflation remains high, with people in Venezuela, Lebanon, Argentina, Turkey and Zimbabwe particularly hard hit, according to the World Bank.
  • bobman@unilem.orgEnglish
    31·
    1 year ago

    It’s the lack of competition.

    Similar to how you see gas stations on opposite sides of the street charge the same price.

    There’s a gentleman’s agreement not to compete on price so everyone can make more money, except the customers.