In short, prices rose two days after the conflict began, even though the current stock had been purchased months earlier at a much lower price, and there is enough stock to last four months. This represents a profit of 500,000 francs a day for the companies. However, when prices fall, they wait ten days before passing on the reduction.

https://i.redd.it/gukwfdx4srug1.jpeg

Posted by Teppic_XXVIII

5 Comments

  1. Teppic_XXVIII on

    What’s more, all the companies raised their pump prices by the same amount at the same time. A coincidence? They deny any price-fixing agreement…

  2. ProfileBest2034 on

    Government could just lower taxes which most of the cost of petrol. But they won’t. 

  3. We were paying box of masks 50chf+ during Covid. If price gouging was fine during pandemic, I’m sure no one will care now.