As Americans struggle with record egg prices, the largest U.S. egg company plans to transfer its record profits to a few family owners and buy up an egg patty maker in cash.
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The FTC published a report confirming what many suspected about the role of profiteering in driving up food prices and aggravating shortages during the COVID-19 pandemic.
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A new economic study makes the case that concentrated market power helped corporations pull off pandemic price hikes and reap record profits.
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