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#pricefixing

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Public
Ecologia Digital

"This is just #pricefixing, with an app. The fact that they don't sit around a table and openly discuss pricing doesn't keep this from being price-fixing.
What's more, they admit it. A director at McCain said that "higher ups" forbade anyone in the company from competing on price…they'd "never seen margins this high in the history of the potato industry." Lamb Weston's CEO attributed a 111% increase in net income to "pricing actions.""

#Oligopolies #Inflation

pluralistic.net/2025/01/25/pot

pluralistic.netPluralistic: It’s not a crime if we do it with an app (25 Jan 2025) – Pluralistic: Daily links from Cory Doctorow
Public
CBC Canada

Proposed class-action lawsuit accuses companies of price-fixing rents in Canada
A proposed class-action lawsuit alleges more than a dozen landlords and property managers have conspired to artificially inflate rents across Canada. The suit claims they did it by using a piece of software called YieldStar.
#pricefixing #rent #lawsuit #Canada #News #Business
cbc.ca/news/business/rent-pric

Public
CodieneC

That explains the price doubling a few years back. #collusion #pricefixing #Canada/US

"Two proposed class actions filed this week in U.S. District Court claim that four leading potato companies — McCain Foods, Cavendish Farms, Lamb Weston and J.R. Simplot — have privately swapped intel to inflate the price of frozen potato goods, like fries, hash browns and tater tots, over the last several years."
cbc.ca/news/world/potato-carte

CBCAlleged 'potato cartel' accused of conspiring to raise price of frozen fries, tater tots across U.S. | CBC NewsTwo proposed class actions filed this week in U.S. District Court claim that four leading potato companies — including two Canadian ones — have privately swapped intel to inflate the price of frozen potato goods like fries, hash browns and tater tots over the last several years.
Public
The Conversation U.S.

Of all the reasons why your rent’s too high, did you have an algorithm-powered illegal cartel on your list?

Millions of people across the U.S. pay far more rent than they can reasonably afford. There’s a surprising factor driving up rental prices: landlords colluding with the help of technology, according to a new lawsuit #PriceFixing #rent #economy
buff.ly/48TTkLO

The ConversationRobo price-fixing: Why the Justice Department is suing a software company to stop landlords colluding on rentsRealPage, Inc. provides software that lets landlords keep rental prices high. The Justice Department cried foul on the price-fixing practice.
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Victoria Stuart 🇨🇦 🏳️‍⚧️

/1
Vancouver food bank feeling demand as Food Banks Canada reports doubling of users
bc.ctvnews.ca/vancouver-food-b

* many food bank users employed
* unable to keep up w. cost of living
* 6 y ago Greater Vancouver Food Bank had 6,500 clients
* today 15,000 people
* range f. families to seniors on fixed income who can’t keep up w. inflation
* Hunger Count: 30% food banks running out of food

British Columbia · Vancouver food bank feeling demand as Food Banks Canada reports doubling of usersMore than two million Canadians used a food bank in March of this year, compared to one million users in March of 2018, according to the Hunger Count report by Food Banks Canada.
#Vancouver#inflation#corporations
Continued thread
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Victoria Stuart 🇨🇦 🏳️‍⚧️

[Canada] Monthly food bank use soars to record 2M, driven by cost of groceries/housing
ctvnews.ca/canada/monthly-food

* Food Banks Canada: en.wikipedia.org/wiki/Food_Ban
* food bank use: 2M+ visits March 2024
* double monthly visits 5 y ago in March 2019
* 6% above 2023's record-breaking #

HungerCount 2024
fbcblobstorage.blob.core.windo

CTVNews · Monthly food bank use soars to record 2 million, driven by cost of groceries, housingCanada's reliance on food banks has soared to a grim new milestone, according to data from Food Banks Canada.
#Canada#inflation#greedflation
Public
kurtsh

This is a TRIP. The recent introduction of Uber/Lyft "Upfront Pricing" is resulting in algorithmic wage discrimination in the ridesharing market with zero transparency.

The impact?
☑️ Women make 7% less than men
☑️ CA drivers are making less than minimum wage
☑️ Uber/Lyft changing labor laws in their favor like Prop 22
☑️ Vertical price fixing conflicts
☑️ Surveillance pricing

"We Put 7 Uber Drivers in One Room. What We Found Will Shock You."
youtube.com/watch?v=OEXJmNj6SP

www.youtube.com - YouTubeEnjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube.
#uber#lyft#pricefixing
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petersuber

1/ From the law firm bringing the #antitrust lawsuit against six academic #publishers.
lieffcabraser.com/antitrust/ac

The suit alleges three #anticompetitive practices:
1. agreeing to "fix the price…at zero" for the #labor of authors and peer reviewers;
2. agreeing not to compete for manuscripts, forcing authors to submit to one journal at a time;
3. agreeing to prohibit authors from sharing their work while under peer review, "a process that often takes over a year".

#Monopoly #PriceFixing

🧵

Lieff CabraserAcademic Journal Publishers Antitrust LitigationAcademic Journal Publishers Antitrust Litigation On September 12, 2024, Lieff Cabraser and co-counsel at Justice Catalyst Law filed a federal antitrust lawsuit against six commercial publishers of academic journals, including Elsevier B.V., John Wiley & Sons, Wolters Kluwer NV, and the International Association of Scientific, Technical and Medical Publishers (STM), on behalf
Continued thread
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Victoria Stuart 🇨🇦 🏳️‍⚧️

People turning to non-profit grocery store as food costs surge
bc.ctvnews.ca/more-people-turn

* Vancouver non-profit Quest grocery store
* provides healthy/affordable food to those w. low incomes
* 50% customers make <$24k/yr
* British Columbians @ poverty line$40k/yr spend 40% income on groceries

Quest Outreach Society: questoutreach.org/our-story
#QuestOutreach

#greedflation #shrinkflation #profiteering #capitalism #PriceFixing #AlgorithmicPricing #poverty #FoodSecurity
#Canada #Sobeys #Loblaws

British Columbia · More people turning to non-profit grocery store as food costs surgeMore customers have been shopping the shelves of Vancouver's Quest grocery store.
Continued thread
Public
Victoria Stuart 🇨🇦 🏳️‍⚧️

Canada Bread fined $50M for role in bread price-fixing scandal
en.wikipedia.org/wiki/Canada_B

* Canada Bread Co. fined $50M
* pled guilty to criminal price-fixing
* inflated wholesale price of bread in Canada
* Competition Bureau of Canada: highest price-fixing fine ever imposed by a Canadian court

#inflation #greedflation #shrinkflation #profiteering #corporations #PriceFixing #AlgorithmicPricing #CorporateGreed #poverty #FoodSecurity
#Canada #Sobeys #Loblaw #Loblaws #EmpireCo #CanadaBread

en.wikipedia.orgCanada Bread - Wikipedia
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Kim Perales

Good news for Americans:

"DOJ Sues RealPage for Algorithmic Pricing Scheme that Harms Millions of American Renters.

RealPage’s Pricing Algorithm Violates Antitrust Laws.

DOJ & 8 states sue RealPage for facilitating price fixing between large landlords around the country."

"Our tool ensures that landlords are driving every possible opportunity to increase price even in the most downward trending or unexpected conditions."

#Antitrust #Greedflation #PriceFixing #USPol

storage.courtlistener.com/reca

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