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Australia

Domino’s pumping up pizza prices stinks of oligopoly

While the recent rise in inflation is mainly due to government policy failures — particularly the federal government’s energy and local government rates — you can never ignore the factor that has caused much of the post-pandemic inflation surge that has brought misery to many households: price gouging by ultra-powerful oligopolists.

Take Domino’s, the ubiquitous purveyor of low-quality suburban pizza. involved in a war Franchisees are concerned about the company’s determination to raise wages significantly, which will increase prices for households that rely on the company for cheap fast food.

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