The insidiousness of these kind of corporations run so much deeper than just the profit margins, which for Conagra in 2023 was to the tune of $1.5B. These companies use their leverage and influence to squeeze out smaller companies and to help write government policy allowing for more unhealthy/addictive/cheaper ingredients to be added into foods. These publicly traded megacorps' sole purpose are to perpetually grow profit margins quarter over quarter to increase stock price and that would be the case in an inflationary economic environment or not. It wouldn't be such a huge problem if the regulatory agencies weren't being so heavily influenced by the same corporations who they're supposed to be regulating but, sadly, this isn't the case anymore.
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