RandAlThor@lemmy.ca to World News@lemmy.world · 2 years agoCarrefour says it will not sell PepsiCo goods due to price hikeswww.reuters.com301652
163Carrefour says it will not sell PepsiCo goods due to price hikeswww.reuters.comRandAlThor@lemmy.ca to World News@lemmy.world · 2 years ago30
Show Contentlolcatnip@reddthat.comEnglish21·2 years agoIt’s prima facie evidence of price fixing. Not that I expect it to ever be prosecuted, or even seriously investigated.
Show Contentnicetriangle@kbin.social1·2 years agoI think maybe they make an example of a few companies but that the fines are considerably less than the windfall of cash the price gouging got them and the rest of the offenders out there (many of which I bet are even worse) will get off scot-free
Show Contentjimbolauski@lemm.eeEnglish11·2 years agoPrice fixing is when multiple companies collude to raise the price, companies charging more on their own is not price fixing.
Show Contentlolcatnip@reddthat.comEnglish11·2 years agoThe prices being kept in sync. Which I already said. There should be an investigation.
Show Contentjimbolauski@lemm.eeEnglish12·2 years agoThat’s not evidence that they are working together, it’s not even enough to start an investigation.
Show Contentlolcatnip@reddthat.comEnglish1·2 years agoWhat do you think would be enough evidence to start an investigation?
Show Contentjimbolauski@lemm.eeEnglish12·2 years agoHearsay that executives discusses setting prices, or that executives met or talked before the price hike.
It’s prima facie evidence of price fixing. Not that I expect it to ever be prosecuted, or even seriously investigated.
I think maybe they make an example of a few companies but that the fines are considerably less than the windfall of cash the price gouging got them and the rest of the offenders out there (many of which I bet are even worse) will get off scot-free
Price fixing is when multiple companies collude to raise the price, companies charging more on their own is not price fixing.
Who says they’re all doing it on their own?
Do you have any evidence of collusion?
The prices being kept in sync. Which I already said. There should be an investigation.
That’s not evidence that they are working together, it’s not even enough to start an investigation.
What do you think would be enough evidence to start an investigation?
Hearsay that executives discusses setting prices, or that executives met or talked before the price hike.