The problem isn’t setting prices in response to market conditions, it’s colluding with other companies to raise prices in unison. That’s what makes something a cartel and that’s what happened here. And I don’t mean raising prices because you saw that someone else did, this was literal phone calls and texts about when prices should go up.

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Brendinooo 4 hours ago | parent [-]

I mean, given a lot of the rhetoric that happens around egg prices, it does seem like setting prices in response to market conditions is a problem to many.

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cool_dude85 4 hours ago | parent | next [-]

You just read an article describing how egg prices were not set in response to market conditions, and were instead manipulated by egg producers. Are you saying that you think, based on the rhetoric, that in an alternate reality where egg prices were actually increased due to market pressures, that people would still complain? I mean, probably.

	▲	Brendinooo 3 hours ago \| parent [-]
		The purpose of my first sentence was to establish that I was I bringing in some associated thoughts into an article where some alleged collusion is happening, so it's not correct to read it as an attempted refutation of the article. If there's actual collusion: sure, that's bad! But to be clear, this is not the total solution to the egg price puzzle; we don't know the extent to which this impacted the market. I guess I just don't like the idea that every price spike is read as greed, because you lose the ability to tell cartel behavior from a supply shock, and actual bad behavior gets less scrutiny, not more. I'm seeing it in this thread: capitalism bad, republicans bad, khan good, etc. Perhaps I did the same thing in the opposite direction.

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iamnothere 4 hours ago | parent | prev [-]

Consumers complain about higher prices. News at 11.

The issue is not the complaining, it’s the illegal behavior.