Analysis from ACCC finds millions of Australians paying more than they should for energy | 7.30
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Australians are coming to terms with the steepest increases in power bills since default electricity prices were introduced in 2019.Those prices are supposed...

Energy companies be like:

  • We need to ensure we price to stay in business, the profit margin is so thin
  • We are going to see a record profit, shareholders!

These companies are criminals and should be in prison for crimes against humanity

  • abhibeckert@lemmy.worldEnglish
    5·
    1 year ago

    Energy companies be like:

    • We need to ensure we price to stay in business, the profit margin is so thin
    • We are going to see a record profit, shareholders!

    And the ACCC be like:

    • Show us your revenue and expenses then
    -

    adding a line of text because lemmy’s markdown formatter sucks

    These companies are criminals and should be in prison for crimes against humanity

    I dunno about “crimes against humanity”. But simple price gouging has been a good enough excuse for the ACCC put people in prison as recently as last year, so it’s surely being considered in this case.