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Cake day: September 17th, 2023

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  • Okay, but the profit margins of takeaway food and drinks really aren’t that high. Commercial real estate is expensive, the logistics are much less efficient than supermarkets, and it’s labour-intensive as well. There is no conspiracy to rip off ordinary folks, especially considering it’s pretty easy to enter the food retail market.

    In fact, takeaway is actually quite affordable in the US compared to rich European countries. The Big Max Index, for example, is about 40% higher in Norway and Switzerland.