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What's a low stakes conspiracy theory you believe?
(hexbear.net)
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Food prices definitely are fixed but you're describing a loss leader.
Basically a store will take a haircut on a good just to get you in the door to buy the other over priced crap.
Grocery stores are getting to monopoly pretty quick these days so I imagine the loss leader will just be a lie in the next ten years.
What I'm saying is that I suspect a level of collusion between all the different rice brands for instance. So for this week Tastic gets to be on "discount", next week it's Spekko on "discount". And they all rotate who gets to be on discount when.
Oh that's not how it works.
Suppliers generally don't set shelf prices.
Edit but yeah they do collude but not explicitly.
Happens all the time at Food Lion