Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

???

Unless you're in a highly regulated sector like energy or healthcare, in most countries you don't need an excuse to hike prices.

Again, the "prices are higher cuz corporate greed" logic fails to account the basic fact that companies are always profit maximizing and no relevant legislation related to corporate profits was passed in most countries. If they can increase prices without losing customers, they will.

So, again, what has changed? Search for the balance sheet of your local central bank and you will have an answer.



I think you’re confused between legal and public relations.

The grocery store can legally double the price of bread absent any good reason, but people will flip out.

They didn’t flip out when that exact thing happened during the pandemic, because “it’s the supply chain” made enough sense to people they accepted it.

The pandemic gave them a new way to “increase prices without losing customers” for a while.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: