Profeco begins proceedings against Walmart and Bodega Aurrerá for price increases

https://www.insidelakeside.com/post?f=19&mode=newtopic

Try again MichaelB.

It happens elsewhere also?

https://en24.news/e/2020/04/profeco-starts-administrative-proceedings-vs-bodega-aurrera-and-walmart-3.html

The price of these commodities are regulated by the govt. Glad complaints were filed.

Places like Wal-Mart are raking it in during this pandemic. They should be giving back to the community with food packages for the poor. The Chapala President should go speak with them. I would......

https://traficozmg.com/2020/04/inicia-profeco-procedimientos-contra-walmart-y-bodega-aurrera-por-alza-de-precios-2/

The peso has lost around 30% value to the USD in the last few months. Mexico imports nearly 40% of grains required for feed stock of poultry and tortillas. If egg producers can't make a profit they will start mass slaughter of chickens like is happening in the USA. Government price fixing did not work well in Venezuela.

Agreed, the market should determine the price. Government subsidies can make up the shortfall like they used to with Pemex. It will of course mean inflation.....