Zappaman
WKR
I'll say it again... WHY does bacon cost twice what it did last year??? (and who are the THREE big meat companies supplying 90% of the meat market in the US today???)
Oligopoly...
Oligopoly...
When I was in banking, we had Obama messaging that it would be better if banks were broken up and scaled down, but at the same time the government was passing compliance regulations that essentially demanded large scale and consolidation - essentially saying one thing while taking regulatory action which forced the opposite result. That wasn't a function of corporate government partnership - in fact the relationship was quite contentious - but rather the government not understanding how its actions would translate to the market.Add federal regulations. The dirty little secret being that most are lobbied for by existing industry to place new barriers that stifle new competition due to the cost of compliance.
What we are witnessing is a corporate government partnership in scale that has never been seen before. The new oligarchs.