Robert Reich on Nostr: Colgate-Palmolive, which controls 40% of the toothpaste market, has increased prices ...
Colgate-Palmolive, which controls 40% of the toothpaste market, has increased prices 12% even as volume declined by 2%. As a result, the company's profits have soared.
Greed and market concentration are driving inflation, not workers demanding better wages and benefits.
Published at
2023-06-05 20:28:23Event JSON
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"content": "Colgate-Palmolive, which controls 40% of the toothpaste market, has increased prices 12% even as volume declined by 2%. As a result, the company's profits have soared. \n\nGreed and market concentration are driving inflation, not workers demanding better wages and benefits.",
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