When you think #greedflation, the image that comes to mind should be #Amazon.

"Amazon now makes up about 40% of all online retail — the company started raising prices on the products it sells directly."

"Nearly 50% of sellers' revenue goes to Amazon in fees," much of which is passed on as higher prices.

This is a prime example of Monopoly rent as Corey Doctorow, @pluralistic, discussed in a recent piece.

https://www.axios.com/2024/04/22/amazon-price-inflation

https://locusmag.com/2024/03/cory-doctorow-capitalists-hate-capitalism/

#economics

Cory Doctorow: Capitalists Hate Capitalism

In conflict, we find clarity. We all hold contradictory views: We love our families, but they drive us crazy. We want more housing in our cities, but we don’t want our property values to decrease w…

^{Locus Online}

#BBCNews fails to address #Greedflation ...AGAIN

Today's inflation article says:
"Soaring food and energy bills have been the main causes behind the UK's high inflation in recent years.". Then mentions demand and war as drivers of inflation in those industries. But NO mention of record profits.

It's so common a reporting error that it seems intentional
#DoBetter

BBC News - UK inflation hits two-and-a-half year low as meat prices fall
https://www.bbc.co.uk/news/business-68833077

UK inflation hits two-and-a-half year low as meat prices fall

New official figures show that inflation, the rate at which prices rise over time, fell again in March.

^{By Lora Jones (BBC News)}