28.4.06

PRICE-GOUGING AND PROFITEERING. Where's the Congressional Investigation?

According to the March Beverage Digest report, last year's sales of carbonated drinks decreased .2 percent. However, companies reported profits of $68.1 billion in 2005, an increase of $2.2 billion since 2004. Companies attribute this profit to higher prices of products and new fast-selling products like energy drinks.

Since 1996, sales for carbonated drinks have shown less and less growth, leaving corporations to find new ways to stimulate the market.

The horror! Sugar peddlers taking losses in pop to subsidize entry into sports beverages.

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