I would say this: over the past two years, many Canadian suppliers have been forced to choose between just not having any stock to sell, or having stock to sell that they themselves had to purchase at heavily inflated prices. I don't "think" this, I "know" this. I have a crap-ton of stuff just here on the shelf that I bought at what was already an "over-priced" dealer pricing and so now it's sitting there at a really over-priced customer pricing. As prices come down, those items are just going to have to be marked down and the losses absorbed -- or they will sit there forever and never sell.
As prices normalize, it's going to be interesting because businesses that continually lose money go out of business eventually. So lets don't rush to tar-and-feather genuine supply issue "take it at this price or leave it" problems with actually people trying to scalp their customers. Powder and primers were impossible to get for a while. Then when powder came back, it was expensive. Powder has come back -- in most cases but not all -- to a more affordable price. Primers are just starting to come back and reach a realistic price right now as we are discussing this. I hope the trend continues.
But not all the high prices were a deliberate attempt to scalp people. I have some 96.98 a box .30-06 ammo that we got in when there was no .30-06 ammo to get that we're never going to sell now until the higher-ups decide to bite the bullet and mark it down. But they paid too much to get it in the first place. It was all that was out there. But we sure weren't trying to screw anybody over. Some of the high prices were just the situation on the ground at the moment. Some of them were deliberate attempts to just rip desperate people off. I think it's important to distinguish between the two, because the situation was caused mainly by people from outside dicking around with the entire system, and people from the inside taking advantage of it for their own ends. But not every high price was a shyster trying to scalp you.
I sure never was. A lot of the others probably weren't either.