This would imply that corporate profits and shareholder value are put at risk and increasing pricing is the only option to avoid that. This is anything but accurate as both are way up and consumption is not down by any appreciable amount. Companies don't buy back their shares in the face of lowered expectations.
The supply chain problems were the result of corporations maximizing their delivery efficiency originally and those methods didn't work during the pandemic. Higher costs caused by corporate management's decisions shouldn't be allowed to be passed on to consumers if we had a "true" democracy and representation that took seriously its mandate to function as a fiduciary "for the people".