High inflation is providing companies with an excuse to telegraph price increases during earnings calls, reducing market competition and compounding the pain for consumers. The worldwide trend of high inflation, which has led to unrest and labor protests in numerous countries, is caused by larger disruptions in the global economy resulting from the coronavirus pandemic. Monopolies are profiteering, and they are using this moment and their monopoly power in many industries to raise prices on consumers. Is it time for the government to regulate price index for the consumer goods?

Previous Article

Head of the Security Service of Ukraine fired

Next Article

Chinese filmmaker to face racism in Malawi