Giant Food Corps Are Largely to Blame for Higher Grocery Prices

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Sulma Arias is executive director of People's Action, the nation's largest network of grassroots power-building groups, with more than a million members in 30 states.

In 2004, I was a single mom raising three daughters on my own. I worked three jobs, including an overnight shift as a translator at our local hospital, to make ends meet. Every time I stood in line at the supermarket, I worried about what I would have to put back on the shelf to stay within our weekly $100 food budget.My daughters are all grown now.

These giant companies wrote themselves a blank check during Covid-19, which they now expect us to pay for.What all of these corporations have in common is they always want to get bigger. Why? Because when consumers have fewer choices, corporations can force us to pay higher prices. This is especially true with food, which none of us can live without. And according to the FTC, a big reason for these higher prices is corporate greed.

Covid-19 Food Ftc Inequality Kroger Price Gouging Walmart Corporate Greed

 

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