Powerful corporations are using the pandemic as an excuse to raise prices and increase their profit margins – while consumers pay the price.

What is contributing to higher prices at the checkout line?

Corporate profiteering and monopoly power are big drivers of price increases. Megacorporations are taking full advantage of recent crises – the pandemic, supply chain issues, and the war in Ukraine – to charge customers more and pad their profit margins. And they hold enough market power to do so without fear of losing customers to other competitors. 

How does corporate profiteering impact workers, families, and small businesses?

While megacorporations are enjoying record-breaking profit margins and Wall Street is getting the “biggest payout in a decade,” people are struggling to afford basic necessities, like gas, groceries, diapers, and prescription drugs. And small businesses are struggling to keep their doors open. 

What are CEOs and their shareholders saying?

CEOs are brazenly boasting to investors about the pay off of their “pricing strategies.” But you don’t have to take our word for it. Decide for yourself.

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Colgate’s CEO boasted of the companies sales despite significant price increases Colgate’s CEO said that company was increasing sales projections, saying “we're showing the ability to take pr...

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Kimberly Clark repeatedly emphasized the company was planning on further price hikes Kimberly Clark’s CEO said the company had “taken further action to realize additional pricing” which they ...

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Visa reported massive increases in processed transactions, on which they recently raised fees Visa’s CEO told analysts their quarterly revenue had increased 19%. “Al Kelly -- Chairman and Chief...

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Discover boasted 2022 was one of their best years ever, with billions shoveled back to their investors  Discover’s CEO boasted 2022 was the “second strongest year for earnings in our compa...

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Procter & Gamble executives repeatedly credited price hikes for driving sales growth Procter & Gamble CFO credited hiking prices for higher sales: “Organic sales grew 7%, pricing added ni...

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On General Mills earning calls, multiple analysts pressed the company to confirm that its price increases actually outstripped cost inflation General Mill’s CFO responded to a question about pric...

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