When the Shortage Is the Strategy: How Corporations Turned Crises into Record Profits
This article exposes how corporations have used supply constraints and crises to raise prices far beyond what's justified, then refused to lower them even after costs fell. It details the 'rockets and feathers' phenomenon, citing record profit margins and executive admissions, and highlights a history of collusion, from LCD panels to RealPage. It also covers the $166 billion tariff refunds that went to companies, not consumers, and urges consumers to fight back through organized boycotts, citing the success of Croatia's boycott.
Why would I be the first to cut my margins when we just went through a period where we had the world’s best excuse [inflation] to recover margins?