No, that is not the issue anymore and has not been for a while. Last time, to stop this, the government had to threaten with anti cartel actions - the prices were suddenly down again.
You might be thinking drug cartel when you see the word cartel. A cartel is a group of companies in the same business colluding for reasons like to remove safety regulations or keep prices high. There is a worldwide diamond cartel that keeps those prices up and spreads bullshit about how your fiance won’t be happy without an expensive, natural diamond. Yes, there is even a cartel for eggs. They are loving bird flu because they can blame it for high prices.
Because there is a big bird flu in USA and it is being mismanaged by a government of idiots who rather insult every one.
No, that is not the issue anymore and has not been for a while. Last time, to stop this, the government had to threaten with anti cartel actions - the prices were suddenly down again.
What do the cartels have to do with eggs?
You might be thinking drug cartel when you see the word cartel. A cartel is a group of companies in the same business colluding for reasons like to remove safety regulations or keep prices high. There is a worldwide diamond cartel that keeps those prices up and spreads bullshit about how your fiance won’t be happy without an expensive, natural diamond. Yes, there is even a cartel for eggs. They are loving bird flu because they can blame it for high prices.
Same thing as the willi Wonka prequel.
There is not enough competition.