New Research from Groundwork Collaborative Shows Link Between Price Hikes, Monopoly, and Corporate Greed

October 13, 2021

Today, the U.S. Labor Department reported that the Consumer Price Index increased 0.4% in September, as people paid more for goods such as meats, poultry, and eggs. As you cover this issue, it’s important to understand the real culprit behind rising prices at the checkout line: corporate power.

“The more sway mega corporations have over our economy, the more power they have to gouge customers, squeeze Main Street, and exploit workers,” said Rakeen Mabud, chief economist at Groundwork Collaborative. “Addressing this crisis means recognizing these price increases for what they are: the result of deeply entrenched concentrated corporate power that has systematically stripped down supply chains and created room for pandemic profiteers as well as long-standing underinvestment in our economy.”

Email to speak to Groundwork’s team of economists and policy experts about corporate profiteering and inflation.

New research from Groundwork Collaborative shows how concentrated corporate power is squeezing small businesses and stymieing our collective economic health: 


About Groundwork Collaborative

The Groundwork Collaborative’s mission is to advance an economic vision for strong, broadly shared prosperity and true opportunity for all. Learn more at and follow us on Twitter @Groundwork.