The @ecb rightly recognizes rising profit margins of undertakings as a contribution to inflation. That explains why Competition Law has a role to play in tempering inflation! @EU_Competition, looking at you! Competitive market structures prevent unreasonable profit margins best.
RT @ecb: Companies’ rising profit margins could be contributing to persistent inflation, says Executive Board member Fabio Panetta in an interview with The New York Times.
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🐦🔗: https://n.respublicae.eu/repasi/status/1642453874886811650