McDonald’s McGreed: The tarnished Golden Arches faces consumer revolt amid backlash to price gouging
In a year marked by economic challenges, the world’s largest fast-food chain has found itself at the center of growing criticism. Despite claiming that inflationary pressures have forced price increases, the soaring profits that McDonald’s has enjoyed were driven by strategic price hikes. The apparent exploitation of inflation has led to an exodus of price-conscious consumers, many of whom are now turning to sit-down dining establishments and competitor fast-food chains for better value. THE INFLATION EXCUSE Inflation has undoubtedly been a significant issue worldwide in the aftermath of the COVID-19 pandemic and Russia’s unprovoked invasion of Ukraine, impacting everything...
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