It's inflationary.

Recently when I renewed my prescription at our neighborhood supermarket, I got a big surprise.

The prescription I refilled a few weeks ago there cost 32% more than a similar one I filled last year.  Although, we and our neighbors were expecting some price increases at our neighborhood stores when we heard that there were some reorganization taking place at our local grocery markets,I certainly did not think the increase in some common medication can rise that much in nine months.

In the spring of this year, one of the two grocery stores in walking distance from our home was bought out by its arch-rival in the neighborhood.  Before the buyout, we had two well stocked and competitively priced markets to shop.  Because of their handy location, everyone in the neighborhood was pleased  for having two supermarkets nearby to help us prepare our meals.  Now after the buyout, we have only one market in the neighborhood.  As expected, it did not take us long to notice that prices on our groceries are creeping up here and there under the new ownership.

We all know that buying a business is a very expensive proposition.  So it is save to say that the high prices at  our neighborhood store are here to stay.   The recent change in our local supermarket  also told me that the drug companies are making too much money on the drugs they made and sold. -  Ayee