MASSIVE Price-Fixing Scandal Unveiled In Meat Industry

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More Perfect Union has found a tech-initiated price-fixing scam in the meat industry. Cenk Uygur and Ana Kasparian discuss on The Young Turks. Your Support is Crucial to the Show: go.tyt.com/joi...
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"NEW: America’s largest meat producers are reportedly fixing prices.
Tyson, Hormel, and Cargill are using a little-known technology-Agri Stats-to share secret data and make your groceries more expensive.
It’s one of the biggest conspiracies in corporate history."
***
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Опубликовано:

11 сен 2024

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Комментарии : 2,8 тыс.

@jhmyersii 21 день назад

We can't enact price controls, but corporations can engage in price fixing. Sounds fair.

@danhoffman9232 21 день назад

the corps already own the people who would be fixing the prices. Check your local utility companies rate increases if you think this will work.

@tonys4751 21 день назад

Time for people to stop whining and go back to economics 101. Don't buy, look for an alternative. Go to your local Chinatown and buy your stuff. Got to stop being so lazy. Dems keep making the cost of running a business higher those costs just get passed to consumer, from sunrise to sundown.

@lpi6608 21 день назад

Farmers get pennies go bankrupt, corporate America buys their farm. Then the back propaganda saying too much government. There is a reason . Government protects us. So vote blue.

@chopchopchop5585 21 день назад

Regrettably, some individuals may need to starve to guarantee that the numbers continue to rise.

@susanschott5147 20 дней назад

@@jhmyersii That’s terrible! Maybe Kamala will help fix things!

@sharazar 21 день назад

The fact that about 12 companies owns most every product in the store should be proof of their monopolizing the markets. Corporate Greed

@piccalillipit9211 21 день назад

I think its 5 that own 80% of the US food industry

@antclerfont8478 21 день назад

Money, money money... Even if it's something vital

@Buddie-l9i 21 день назад

@@sharazar They collude to manipulate everything in normal people’s lives. We don’t run things, profit driven corporations and ceos do. Seeing older people working that should be on their recliners is sickening. How much money is enough? The tax rates for the wealthy were super high on the top one percent in the fifties and sixties and they still lived extravagant lives. I think billionaires are racing to see who can get to a trillion dollars first. If they don’t watch themselves bullets will be worth more than dollars. They can’t hire enough thugs to protect them.

@susanschott5147 20 дней назад

@@sharazar Yes, it’s corporate greed for sure! Shop mostly in the produce aisle and try to buy from local farmers. All those products that come in boxes- ready to prepare, are more expensive!

@AnonymousHacker-f1d 15 дней назад

@@sharazar Hello am anonymous hacker I can help you: Recover Lost account & Stolen Funds from scammers Have you been scammed before

@HannibalTheDragon 21 день назад

Price gouging in the food industry has been going on for decades but totally went out of control during and after Covid

@Encephalitisify 17 дней назад

@@HannibalTheDragon almost makes you think the shutdown was totally planned. Remember them talking about the “great reset”.

@mindscourge 18 дней назад

This is America. No one in corporate world goes to jail. They get bonuses and bailouts.

@keliarmstrong8532 18 дней назад

Like how Walmart used the lie that they were trying to "reduce wasteful packaging", and a $9.00 package of chicken breasts was 8 pieces. Now you get 6 or 7, pumped full of water to make them weigh more, and they charge $13 or more. And just yesterday, milk went up to $4 a gallon, and eggs are $5 a dozen?

@handsuporillshoot381 21 день назад

In the 50’s you could to buy a home and raise a family with one single salary from a factory job… today, you’ll be lucky if you can even afford the rent for a single sleeping capsule or a single studio apartment that doesn’t have a bedroom. We are BEYOND “price gouging” at this point!

@bartdoo5757 21 день назад

Bidenomics!!

@hunnybunny814 21 день назад

@@bartdoo5757dumbass

@WhiteDudes4Kamala 21 день назад

@@hunnybunny814for what? Pointing out the obvious?

@WhiteDudes4Kamala 21 день назад

@@bartdoo5757Don't say that! It upsets people around here 😂

@danhoffman9232 21 день назад

;Sense 1970 the increase in wages stopped matching the increse in productivity and remained flat. Prices increased faster than median income by a long way.

@rogernull6151 19 дней назад

I'm a small time landlord. My tenants are human beings. Good tenants are not easy to find. I could raise the rents, but several tenants are struggling as it is. And although I'd like more $ for me, I'm doing ok. Corporate ownership of rental property and lack of competition in the food biz is what's causing inflation. Teddy Roosevelt was the "Trust Buster." We need to break up these large companies like he did.

@DJBuglip 18 дней назад

I love my landlord for the same reason. I've been renting this house for 20 years, paid for it almost twice over, now. But my rent has gone up by $50 a month, one time, in all those years.

@sylviagoodman6008 17 дней назад

Good for you but let's be clear...that's not inflation! PRICE GOUGING...PRICE FIXING!

@davidterracino4756 15 дней назад

@@rogernull6151 clearly the Sherman anti trust act needs to be updated to consider the malicious practices using todays technologies.

@user-oe6ol4mf2q 21 день назад

Hey ..... I was a meat cutter at the retail level for 20+ years I'd love to sit down and explain how bad big box stores are screwing us. Way more than willing.

@neilmarshall5087 21 день назад

Its You tube dude.... You --- Tube. We watch...

@skillethead15 21 день назад

We are getting screwed over in more places than the grocery store. Insurance industry, housing and even the job place. Instead of being in competition with each other to see who can attract customers with better products and prices, they work together to make sure we get screwed no matter where we go.

@user-oe6ol4mf2q 21 день назад

@neilmarshall5087 yeah I got kicked out of the local box store for trying that... and there is a bit of math ... but I can tell you this easy part.. most places the Big Blue One and the big M of Michigan in particular no longer make any sausage in house from pork trim they throw it away and out source that product. That's why whole pork shoulder will be on sale for $1.69 but Pork Shoulder Steak will still be $3.49-4.29lb... it was the same for beef trim and burger for a while but from what I've been told at least that is changed. But I can literally walk down the meat case and show how pricing doesn't reflect supply and demand any more. I haven't figured out any particular system it looks very arbitrary to me. When I worked at the Big Blue Club... they had a guy who's job was to empty the good product from produce cooler into the dumpster to make room for the new truck. When I questioned this practice with the district director he matter of factly told me "at least our competitors didn't have it to sell and it helps us drive up the wholesale market on them too." I left not too long after that... I personally couldn't participate in that sort of f*ckery.

@ypcomchic 18 дней назад

If all Americans stop eating out, stop buying meat, or getting gas for a week it will hit these price gouging companies hard. Problem is people don’t stop paying the high prices.

@JayM-su9fh 17 дней назад

Didn’t we do that already during Covid? The praise gouging is the way of punishing us for not being the good consumers were supposed to be. If I was government I would make price fixation on everything because people cannot be trusted to do the right thing. People constantly have to be told, it’s like a six year old in charge of the candy store not make sense. It always ends up bad.

@corneliusantonius3108 21 день назад

I told you The Monopolies have gotten out of control in America.

@marilynmatos2259 14 дней назад

Thank you, Anna for bringing this awareness. This is horrible and that's why we need change agents. We should stop buying meat for 30 days and see how they scramble.

@thetruth1622 14 дней назад

This makes sense because the really older landlords probably aren’t using this technology. Most apartments are like $800 but if you go through a private older Landlord, it’s like half that price this makes sense.

@thesquirrelchase-exploreph5635 18 дней назад

When people talk to you about this: The correct thing to say is that Kamala Harris is trying to END price fixing. The price fixing is being done now. It is important for all of us to help with this messaging to encourage the government to continue to prosecute these people.

@zgjfinance2796 19 дней назад

Creating monopolies without having to merge

@rachellemuller 21 день назад

I live in Orlando. I rented an approx. 500 sq ft studio in 2021 for $899. I check to see what the price for rent now 2024 for the same apartment it is $1,500. It makes no sense! I would be homeless if I didn’t have someone to rent from with a mortgage.

@jame950 20 дней назад

Why has nobody talked about realty companies making profits off application fees from renters that will never get into a home instead of getting people into homes and making the profit off the rents?

@chrlpolk 20 дней назад

Correct! Combined with subsidies for empty units, landlords can make money even without having tenants. Any small losses they incur are more than made up for when someone does rent at exhorbitant prices.

@handsuporillshoot381 21 день назад

Price fixing is a felony. You’ll get a heavy fine and long prison sentence if caught.

@davidwong5197 21 день назад

Nobody ever went to jail. Fine yes jail no.

@johncooper6246 14 дней назад

Has anyone noticed how item pricing eventually gets marked down because people refuse to pay $8000 for a bag of oranges. The power is with us. Just don't buy their stuff. They WILL get nervous...

@ebx100 21 день назад

So many American laws are in dire need of modernization. As an engineer working on a communications project, some engineering decisions had to consider a telecommunications act - written in1934. Maybe telecommunications technology has changed a little since then?

@Unstable23 12 дней назад

I've been saying this. 6 months after the pandemic, I started adjusting my purchases. Any company that changed their size and either charged the same or more I stopped buying that product. If they changed prices and never came back down in price and our reporting record earnings I stopped buying that product. I want the original size of my products and adjust the price for the time it took to recover after the pandemic and then readjust to not continue to screw your customers.

@dennymadden2891 18 дней назад

Guess what. Its not just the meat market

@Tossing_Lures 21 день назад

That tuna fishing show documented how the commercial buyers stopped buying tuna on certain days of the week during Covid to keep the price high. They all agreed to follow the agreed upon days and conspired to keep prices high also.

@paganlark7037 21 день назад

I don't understand why this story doesn't blow up. We've been doing "there's no such thing as price gouging" for 40 years--how's that going? America is expensive af. Basic necessities are expensive (food, shelter, insurance, healthcare). We have a generation of people brainwashed to think this is normal and ok. There is another way, we can make things better with regulation.

@williammcadoo8685 21 день назад

Amen. You're So Right.

@Starry2000 21 день назад

Conflict of interests. The problem is that the important people in charge of mainstream media are often simultaneously important people, same title and duties, in about 8 other mega parent companies that otherwise would be the target of investigation. Naturally they own stock and shell companies under the mega companies too. We have an aristocracy problem, that is not a thing that should even be possible and I didn't realize it was until recently. We are effectively under control by a handful of people no matter what the thing is, light bulbs to cake mix.

@TheTruth2-r7n 21 день назад

Lol, *NO YOU CANNOT* ..... you cannot "regulate" things to death. You're paying more.....thank a clueless democrat.

@onward2727 21 день назад

I’m a capitalist, but I 100% agree As long as regulation and price controls are within reason (not completely disincentivizing production and whatnot), I’m all for it

@amercanmade2685 20 дней назад

They tried that in the USSR and in Venezuela and other countries and what happened? People starved. Bread Lines The more Control the Goverment has on Anything the less Freedoms the Citizens have. If you don't like what is being sold or are worried buy your meat from your local Butcher. it is about 5% more expensive but you get better meat. And a lot Safer Meat.

@lysabelle3990 15 дней назад

So we have we have established that rents were being fixed, now meat products etc. When are we going to just accept and punish these companies for price gouging? We all already knew it was never inflation, it was always corporate greed now how are we going to punish them they need to get penalties in the amount of the profit they reaped from doing this and that profit needs to go back to consumers

@buzzkill2739 14 дней назад

Never..palms have been greased in every industry in America,we've been sold out by our political leaders

@TamiePryor 20 дней назад

Make monopolies illegal again!

@amercanmade2685 20 дней назад

Ok name on true monopolies other then Microsoft????

@RealJackHQ 16 дней назад

⁠@@amercanmade2685 Well these are technically oligopolies but they would be Amazon, Google, Ticketmaster, United Healthcare, AT&T, Verizon, T-Mobile, Tyson Chicken, Walmart, United Airlines, Delta Airlines….I could keep going.

@ericnortan9012 21 день назад

Funny how these owners can join together to set prices, yet want to strip the rights of workers to organize. United we bargain, divided we beg. Go Union. End Citizens United.

@toab 21 день назад

gitgud

@philliphessel6788 21 день назад

Citizens United v. FEC (2010) basically just reaffirmed what the Court had already ruled in Buckley v. Valeo (1976). Having lived through the 34 years between, I assure you that the previous ruling had already brought megatons of corruption!

@philliphessel6788 21 день назад

3rd try to get past censor: Citizens United v. FEC (2010) basically reaffirmed what the Court had already ruled in Buckley v. Valeo (1976).

@distantyahoo 21 день назад

nailed it.

@ericbrowning9971 18 дней назад

About rent, I noticed this years ago. Whenever a new apartment complex opened up they would look around and see what other complexes are charging and they would add $100-150 to set their rate. Then the other complexes would see that and raise their own rates. It is a never ending cycle where apartments are overvalued for what you are getting.

@user-di6pk8ez2y 18 дней назад

We saw this years ago and bought a home immediately, knowing they would never stop INSANELY HIKING PRICES until people were BROKE.💸

@sylviagoodman6008 17 дней назад

Please buy your own house!. It should be priority number one for young folk just getting started. Be willing to start out in maybe a "fixer upper"...but get out of the renting mindset! This will change your life young folk!

@DrGaryGreen 16 дней назад

It's Republican support that has allowed Price Fixing to flourish. Stop voting for them. Why is that so hard to understand.

@misshell 15 дней назад

Yep, there is a reason why huge corporations keep lobbying Republicans as a top priority.

@genodelgado3592 16 дней назад

On a truckload worth $100,000 the trucker only gets $1.80 per mile and the lane milage is normally between 500 to 1500 miles. How much do these companies make on that 100 thou load?. And the driver gets peanuts after maintenance, insurance, and fuel costs are met. They are robbing everyone down to the consumer.

@Jbench6662 16 дней назад

Price fixing has been around for a long time now. Greed is a mf.

@newtonrecord722 21 день назад

Auto Insurance companies must also be price fixing because all insurance rates are expensive.

@bunchielove6893 21 день назад

Yep. I just changed mine. I asked them why are you going up when me and my car is getting older?

@khookeekeng 21 день назад

American greed knows no bounds😢Sad

@jason00121 21 день назад

Perhaps, and I know this sounds nuts, not everything should be for profit…

@susanschott5147 20 дней назад

@@jason00121 Yes! I remember when hospitsls and doctors were not for profit! Doctors even made HOUSE CALLS when I grew up!

@mauriceharp1454 18 дней назад

Conservatives whine "The rent's too high and it's all Biden/Harris fault! Wah. Wah. Wah". The DOJ sues to stop illegal price fixing and conservatives whine "Biden/Harris are sticking their noses in private sector enterprise, wah. wah. wah,"

@CaptainG-xs3yo 18 дней назад

Just yesterday they announced that they are pressing charges. Check it out. ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-0Z4ToglRsIU.htmlsi=ec8DNEmZcxQz_m05

@sylviagoodman6008 17 дней назад

The DOJ would have had more resources to deal with this but for a former president criminal taking up so much time and resources! All blue November!

@myflygirl 14 дней назад

greed

@janetraats7380 21 день назад

People keep saying just don't eat meat. The truth is that it happens throughout the grocery industry. Here in Ontario we have had a bread price fixing scandal with one of our largest chains. The chains also control who can rent grocery space to keep away independent grocers and control the grocery distribution centres for the same reason. It is pervasive.

@Encephalitisify 18 дней назад

How else are these executives and share holders supposed to travel the world in luxury?

@sylviagoodman6008 17 дней назад

I remember when Obama was trying to save the auto industry, some of the ceo's showed up in private jets begging for a bailout! Please tell me why many of these ceo's are making multimillion dollars a year and workers can't afford to eat? All blue November!

@corriemathiowetz2135 21 день назад

"He who controls the food, controls the people". ADM price fixing destroyed farmers coops in the 90s. The price gouging was just higher up the food production chain. People forget

@lutzfilor8253 18 дней назад

If the industry is not waking up I will raise my own meat. I am done being poisoned.

@mousebr549 20 дней назад

Back in the day (70's) the American people had the perfect solution for this. It's called a boycott. When news was really news, it was reported on. It didn't take long at all before the price came back down. Anyone can do without most things for a, week, two weeks. It doesn't take long for prices to come back down because loosing money is the best incentive for big business to change.

@JamesZaraza-wv3gt 19 дней назад

Btw what happened to the victory garden revival that occurred during the Obama years? Were we supposed to take personal responsibility for food production and insulate ourselves from corporate corruption?

@mousebr549 19 дней назад

@@JamesZaraza-wv3gt I do grow some veggies every summer. But I don't have the square footage to grow enough to can or freeze to last a year during the winter months

@sylviagoodman6008 17 дней назад

We need targeted organized boycotting!

@ASaund-qb6wy 21 день назад

This and RealPage are proof we don't have a free market and are why you can dismiss anyone who says we do or suggests actions that would only make sense if we did.

@ronald4700 21 день назад

Afree market is one that is competitive,when you control the whole market and control the prices thats not a free market.thats a monopoly.

@larrygilbertreyes2258 13 дней назад

What happened the competition has gone away. The big companies buying the other companies and controlling the prices, Government needs to stop this practice

@boristheamerican2938 12 дней назад

Then STOP VOTING REPUBLICAN, THEY ARE THE ONES WHO ALLOW THEM TO DO THIS!

@icecreamassassin3006 12 дней назад

@@boristheamerican2938 exactly.

@SilvercatZen 17 дней назад

"We are raising your rent $600/mo. this year just to keep up with 'Local Market Value'... that's on top of the $400 last year and $300 the year before... all for the exact same apartment, amenities, and crappy maintenance you've had the whole time you've been here. Want to go somewhere else? Good luck! We require a 60 day notice that you are moving out... but no one will hold an apartment for more than 2 weeks... so you have to risk being homeless to go somewhere else! Oh- and you won't get your deposit back, because we WILL find 'damage' letting us retain your deposit, or drag our feet for 90 days before returning whatever we decide to give back... but you will need 2 months deposit plus 1st month's rent to get a new one. Have a nice day!" 🙄

@brianwest2775 17 дней назад

The app removes all guesswork. Normally we and the landlord can only see the price when a unit comes on the market. Here, a landlord enters the current rent on all of their apartments into an app. No guessing. This is collusion because they're sharing info that would not otherwise be public. They are just going through a third party instead of meeting directly.

@vancewallace318 21 день назад

Same thing goes on with the price of gas

@distantyahoo 21 день назад

that's why we no longer have gas wars.

@shadowjudge921 21 день назад

"They're comin' for your meat." That is so wrong, yet so right. 🤣🤣🤣🤣🤣

@darkdan3379 21 день назад

Slow down friend...lol...

@EarlSalisbury-in4dk 21 день назад

Literally the same as why companies don’t want you discussing wages with other employees because the employees suddenly realize their actual worth. Can’t complain when other industries take the same approach.

@johnanthonygonzales8714 14 дней назад

Most super rich corporations that monopolize companies use price hikes as a political tool to sway votes by playing with public fears. Boycott all price gouging. Try to tighten your belts. Cut down on unnecessary spending.

@seanmorris1970 14 дней назад

I think they do it also because they said they will tax the wealthy and they don't want to pay more taxes it's like why not you can afford to pay more taxes in my opinion the just price gouge it's like this tv show I used to watch called America greed

@SMDoktorPepper 18 дней назад

One of my crew DEFENDED this the other night, saying they HAVE to fix prices to afford their survival...he completely ignores the MILLIONS in profits they are raking in, not one dime going to anyone outside of the corporation management

@cooperhough7583 18 дней назад

Zero material conditions analysis, it's all vibes based and justification of illegal business practices

@Oldfarmlady 18 дней назад

That's because worshipping crooks and getting rich fast has become the norm.

@arthurwintersight7868 17 дней назад

@@Oldfarmlady - They should be rightfully called out as the sort who defends crooks because they want to be a crook.

@davidhand9721 21 день назад

End stage capitalism

@Nearly-famous-painter1960 21 день назад

If we knew who was using the Agri-facts data, we could boycott those companies.

@Sixdawg06 18 дней назад

It’s in every industry. The rich have colluded to run away with the bank.

@feanacar 17 дней назад

This has been known about for years. Finally, somebody in some media is covering it. No, you cannot cap prices on food, but what the government can do is stock price fixing

@eadsbridgemembers4052 17 дней назад

Separate Oil companies have been doing this with each other for years and they got by with it and still do even maybe after being sued. So they get sued and the other companies may not even know what happens to other companies who have been sued and the ultimate consequences of the planned actions they might take. So what is going to be done about it is whats important and constant scrutiny of those results published is the only way other industries will not follow this pattern because they see what could happen to them if they do. I'm also curious as to what level AI has been integrated into these software based exploitative capitalism.

@kathywedzik4905 17 дней назад

Arent the judgements, fines, penalties, restitutions from being sued, the attorney fees just tax write offs for businesses

@icecreamassassin3006 12 дней назад

This statistic company is like letting 3 people in a 4 player poker game show each other their hands and trade cards in order to beat the 4th player... and you and I are the 4th player.

@nickjw88 17 дней назад

We've allowed Mergers and acquisitions that have left little competition in large segments of the U S economy. Market manipulations were inevitable. Break them up.

@scottbrooks5662 17 дней назад

Spot on. JBS used illegal loans to aquire US meat packing companies. The owners went to prison over it in Brazil . The US has laws against this, but our DOJ has refused to have JBS sell the acquired companies

@arthurwintersight7868 17 дней назад

This problem will also continue to surface, over and over again, for as long as we allow small corporations to merge into big ones. Capitalism is fundamentally indefensible and immoral, UNTIL you remove corporate mergers from the picture. Without the corporate merger, capitalism becomes a lot easier to defend.

@davidhand9721 21 день назад

If current anti-trust laws don't cover this, we need to expand anti-trust laws.

@peterk4134 21 день назад

Price fixing at the gas pumps, always.

@mikeshaunnessey9303 21 день назад

Unregulated Capitalism will inevitably descend into Feudalism. If you allow for entrepreneurs / sharks, you need a referee and you need to update the rules often.

@GubekochiGoury 21 день назад

@@mikeshaunnessey9303 can't update the rules if you worship the first draft and the people who wrote it though.

@SleepyJames 21 день назад

Remember when bacon was almost 30 dollars for a pack and told us it’s a shortage they did the same thing all over the meat industry and now to hear what I thought they was doing all along it’s wild

@diannagostlin3140 19 дней назад

yep if government doesn't stop them it will just get worse and i say break up large companys

@fleurishadvisors232 19 дней назад

Stop them, the government HELPS THEM!

@Rick-rn1or 17 дней назад

Flank steak is now the price ribeye was. Flank is basically only for London broil,has to be hammerd, sliced with the grain thin,covered in brown gravy.What a joke,criminal behavior

@felix0-014 17 дней назад

100% agree. Cuts that are crazy tough and need to be cooked for a very long time are now being treated similarly to high end steaks that are done in less than 20 minutes. Its ridiculous. I used to get oxtails for super cheap and they wanted $13 for a small pack. Insanity.

@KenSoHappyClegg 17 дней назад

Harris' plan on "price gouging" is about breaking up a monopolized food industry. It's not about imposing price limits on the food industry. Monopolies stifle competition and competition is the main engine of our free capitalist economy. Competition is what controls pricing, monopolies control and eliminate competition, thereby controling pricing indirectly. Only six companies control 85% of US beef production, 80% of corn seed distribution, 75% of fertilizers and 65% of grocery marketing. Breaking up a monopoly and allowing more competition to enter the industry and offer more supply at cheaper costs is the only way to bring down pricing. That's how she lowers prices, by breaking up monopolies not imposing price caps.

@DaveE99 16 дней назад

The other side of this is local laws that prevent gardening in front and back lawns and laws preventing raising chickens in siburbs

@devinlor8176 20 дней назад

Corporate rentals should be illegal

@moehawk2243 20 дней назад

Corporate monopoly of any industry is illegal, so is price fixing

@leomoody-garza5409 21 день назад

So you’re saying Big Meat has been screwing us?

@billyg9306 21 день назад

I'm feeling that!😮

@chrlpolk 21 день назад

I see what you did there 😂😂

@antclerfont8478 21 день назад

😂😂😂😂😂

@IveGotRedOnMe 21 день назад

There should be like, a law against people screwing me with their Big Meat without consent

@teresaburgess9457 17 дней назад

Kamala Harris is looking into this also. Republicans are tearing her apart for her concern. Food, rent meds, this is crazy.

@rerawho 14 дней назад

They do it because there is NO accountability. I can’t imagine things are going to change in favor of the consumer.

@DianaJewell-jf9ep 14 дней назад

Exactly

@km2530 21 день назад

Add cars, apartments, homes, and healthcare

@wwildman6800 21 день назад

It’s pretty obvious when you can buy wild caught salmon or lobster right from your local fishing wharf for the same price per a pound as a pack of hotdogs.

@chicagodino 20 дней назад

And this is why Restaurant prices have gotten out of control. They pay the inflated prices through their distributors

@Trifler500 16 дней назад

My state is looking at outlawing landlords using the rental app.

@danillibaylis6156 18 дней назад

We've been getting ripped off since covid nineteen😅

@monyattune 21 день назад

Australia is putting into law that the big food grocers will be broken up so they can not monopolise if they food gouge

@jameshurley224 18 дней назад

I was forced out of my apartment in Phoenix so they could get fair market value for it...

@travisnewman2963 21 день назад

This has been going on for decades. Montana ranchers have been sounding the alarm, so it must now effect someone “important “

@raymondgriffin1397 18 дней назад

WAY TOO MANY LARGE CORPORATIONS CONTROLLING OUR FOOD SUPPLIES!!

@TaverenTech 16 дней назад

Break up the big grocery store monopolies. Free Market requires many competitors. The more competitors, the harder it is to collude, or the more likely someone will try to compete by lowering prices to get more market share.

@juneelle370 21 день назад

This is what happens when we have a nation of monopolies.

@amercanmade2685 17 дней назад

Name one monopolies other then Microsoft and Google???

@juneelle370 17 дней назад

@@amercanmade2685 Walmart, Amazon and mega-monopoly “asset managers” like black 🪨… I bet you think that small businesses are the #1 employee in America :(

@chriss-nf1bd 21 день назад

All food prices are on the fix. It is called the Stock Market. Farmers are paid not to produce to keep stock priced stable. Ad it is the law for public traded companies to show profit. We are flieced on all areas of the food industry.

@SreyAun-sd1eb 21 день назад

Believe the same thing as happened in apartments. Its the same way CEOs get raises. But who should you really be mad at? The government. The FTC should be all over this.

@hottractor1999 15 дней назад

Wait what? You mean minimum wage earners aren't the reason why prices are so high???

@princybella5386 21 день назад

There,s Price gouging in everything Insurance,🚗 Medicine,💊 Electricy💡 You name it It,s been going on for years! You just now figuring it out?😂

@blackholesun5682 21 день назад

More stories like this, please! Also, please look at the banks, as they produce reports with average savings for the bottom 60% of earners. These spreadsheets of data are given, or possibly sold, to all types of business, and if the aggregate savings levels get too high, ta-dah, prices go up! This affects housing, insuance, travel, automobiles, retail, etc, etc, etc. Computers have made keeping the poor poorer even easier. 🤬

@bartdoo5757 21 день назад

Elaborate further.

@michaeld4861 21 день назад

@@bartdoo5757 I believe he is saying that banks produce reports on the level of savings for Americans and banks know everyone's income level because of direct deposit/how much money and checks are cashed/go into the accounts. These reports would then reveal if Americans are starting to save a good cushion and hence be able to take increased prices via higher food, higher rent, higher insurance etc. They produce the reports that allow other corporations to know when they can raise prices to expand their profits rather than because "the market rate goes up". Because basically every sector is a monopoly and they are also all seeing the same reports so if all 3 companies in a sector like meat see the Americans have more disposable income they know it's time to jack prices up and collect and everyone else will be doing the same.

@Missunderstood103 21 день назад

That's sick as 🤬.

@Missunderstood103 21 день назад

So any chance of saving to pay off college debt, medical dental necissities, a new vehicle ect.- instead signals the banks to report a price raise on necessary survival expenditures on the basics of life. They are basically robbing us of our futures. Keeping us on a permanent payment plan of their choice.

@bartdoo5757 21 день назад

@@michaeld4861 How will banks force that on individuals?

@PererAnderson 21 день назад

These companies that set the price fixing should be lawfully banned by government legislation 😅

@hatchett999ify 21 день назад

No. That’s the whole point of capitalism. What should change is WHO can do it. That’s where it’s limited and another reason they get away with price gouging

@Games4Kidz7 21 день назад

People should sue them for allowing this virtual monopoly possible.

@TheSiriusEnigma 21 день назад

This is called a cartel, and using a software to do it does not make it legal. It is literally removing competition from the market.

@Jeffrey-ed8sz 18 дней назад

Greed,greed,greed😮

@nolonger9112 21 день назад

And union of farmers rather destroy their excess products than sell them cheap.

@davidgoff357 16 дней назад

Amost every business is doin this.Ex: I bought gas at 3.99 a gallon, the very next day at the same station it was 4.19 a gallon, there's no way in zhell gas went up .20 cents on the gallon overnight. Theyre all doin this to help Trump .

@electropanel1211 18 дней назад

Merrick Garland just busted a software landlord scheme and now he needs to go after all these price gouging and shut them down

@thepatriot9136 18 дней назад

Really?? When. Cause prices are still high

@shenmisheshou7002 18 дней назад

@@thepatriot9136 This kind of DOJ action can take years to have any impact, and the Supreme Court is making it harder for the federal government to regulate business, so this may never be fixed.

@barbarareheiser0007 18 дней назад

@@thepatriot91362 year investigation DOJ came out this week Pay Attention!they are on it! Watch the DOJ before posting

@sylviagoodman6008 17 дней назад

You believe in magic wands? It takes time to pursue the many corporations gouging and price fixing!

@sylviagoodman6008 17 дней назад

Gotta fix scotus on day one! All blue November!

@lwriker1304 18 дней назад

Employers have been 'price fixing' minimalistic (lower) wages in exactly the same way for decades. "They compare and say 'the other guys' pay less, you have great wages!"

@blueflutterbyfrenzy 17 дней назад

I want to know why laws that are obviously outdated have not been amended.

@mm-tc3kt 17 дней назад

If I'm not mistaken, dentists in the U S have been doing the same thing for a long time. They get the percentile numbers and subsequently try to be in the top percentile. Ever seen a budget dentist in the U S ?

@SirAxelGrimnir703 21 день назад

Remember that we subsidize these companies with our tax dollars. Double dip? Triple dip? No! They take the whole damn bowl from us.

@brandonferretti9907 13 дней назад

This is why i love companies like Arizona tea. Their cans have been $.99 (99 cents) for years! And in a recent interview the ceo has said they're not raising prices in the foreseeable future

@CharlesReiche 13 дней назад

The prices of their gallon jugs though keeps going up. Used to be 2.50 and is now 3.50 sometimes 3.75 each

@brandonferretti9907 12 дней назад

@@CharlesReiche i know that. Unfortunately some flavors are also extremely hard to find in some areas too. Like raspberry. Near impossible to find in gallon or can near me. I've had to switch to razzelberry peace tea.

@Marigold-m2 11 дней назад

You were probably paying too much years ago for tea. $0.99 for tea made with a 2 cent tea bag. Buying bottled, probably sweetened, tea has got to be one of the silliest & biggest money wasters. You can't make your own pitcher of tea to have in your fridge &/ put in a thermos for a fraction of the price & less impact on the environment? Just make your own tea & spend your hard earned money on real whole food.

@peggyisme 15 дней назад

Prices are outrageous in Arkansas, the lower income groups can not afford meat.

@ASaund-qb6wy 21 день назад

Hunh but gee I was told price fixing is bad yet corporations are doing it....

@david78212 16 дней назад

The republicans have everyone convinced that it’s inflation that is causing the high prices and all you have to do is look at how good the stock market is doing and you have your answer about high prices. ***Exxon ALONE made $203,000,000,000 in PROFIT last year. That’s $203 BILLION in PROFIT for one year and you’re complaining about inflation being responsible for high prices? Really? Corporate greed is why prices are so high and that’s why the stock market is doing so great.

@showwhite7320 16 дней назад

I think you're also talking about wealth inequality. The stock market has skyrocketed in the last 30 years. It has gone up about 20x. On the other hand, the median income has only gone up about 25%. This means that the stock holders (mostly the top .1%) have taken 98.975% of the wealth created. It's pretty sick. Remember all the talk about trick-down economics? How if you lower taxes, it will stimulate the economy? Well, it did stimulate the economy as we can see via the stock market. The problem is the wealth didn't trickle down. This is exactly why the government has to use income tax as a way to redistribute wealth. Raise taxes on the .1% and then literally redistribute the money back to the bottom 99%. But the .1% doesn't want to give the money back. Kinda what you would expect.

@albanymountainhomestead 21 день назад

This has happened before hence why we don't have the forever light bulb, and agreement among manufacturers to not have 1 company outdo another.

@nattercakes2384 21 день назад

Yo I was just commenting this. It's so wild alot of people don't know about it

@knightssquire2376 17 дней назад

I just got my company a cash settle from the poultry and beef market price fixing from 2012 thru 2019. Guess i will have to line up for a 2nd round cash settlement. It's obvious that suing these companies doesn't go far enough.