"But not all the price rises were temporary, nor could they all be attributed to #SupplyShocks....

Reporters who tuned into earnings calls from large, monopolistic companies like #ColgatePalmolive, #Unilever and #ProcterAndGamble were amazed to hear CEOs and CFOs boasting about how they were able to use the *excuse* of #inflation to raise prices..."

https://pluralistic.net/2023/03/11/price-over-volume/#pepsi-pricing-power

2/n

But not all the price rises were temporary, nor could they all be attributed to #SupplyShocks. Reporters who tuned into earnings calls from large, monopolistic packaged goods companies like #ColgatePalmolive, #Unilever and #ProcterAndGamble were amazed to hear CEOs and CFOs boasting about how they were able to use the *excuse* of inflation to raise prices:

https://pluralistic.net/2021/11/20/quiet-part-out-loud/#profiteering

7/