This sums up every industry poisoned by big money parasites. Look around, over 30% of the inflation of the last few years is literally attributed to just straight greed. fortune.com/…/end-of-capitalism-inflation-greedfl… for those who want to read about where I’m getting that figure from.
We’re living in the Robber Baron Era: Volume 2. When governments fail to properly regulate massive corpos and protect consumers–mostly due to regulatory capture–this is what happens. en.m.wikipedia.org/wiki/Regulatory_capture if you want to read up on the topic and get angry about how pervasive regulatory capture is, especially in the US (like, really, really pervasive in the US…).