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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]How do you determine when companies are price gauging? [/quote]

Most of them have been, the past couple years.  There's data.[/quote]

Please tell us about this data and where it is.[/quote]
Here you go! https://www.ftc.gov/reports/feeding-america-time-crisis-ftc-staff-report-united-states-grocery-supply-chain-covid-19-pandemic[/quote]

This report does not prove anything and the analysis is not detailed enough to determine why profit margins increased. They don’t even break down Walmarts sales to see where additional profits were coming from. Walmarts sells hundreds of billions of dollars of non-food items that have various profit margins. A small change in the composition of their non food products sold can easily shift total profits up or down enough to explain this. Same thing for groceries stores, did sales higher profit  bakery and prepared foods increase during COVID. The answer is yes, because many restaurants were closed or went out of business. Of course their profits will go up if a larger portion of sales is from baked breads. That does not necessarily mean there is any price gauging at all. Consumers  are buying different food items that are more profitable to sell, so profits increased slightly from 5.6%-7%.[/quote]

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