The White House – Recent Data Show Dominant Meat Processing Companies Are Taking Advantage of Market Power to Raise Prices and Grow Profit Margins
Posted in Daily
December 10, 2021 • Blog
By: Brian Deese, Sameera Fazili, and Bharat Ramamurti
Well,,,,,, duh….. That is what the Packers and Stockyards Act meant—- to prevent and keep market power from dominating market capitalism. Our federal judges have completely failed in their responsibility in enforcing the laws that prevent power from capturing the most successful economic system the world has ever seen. Meatpacker concentration, political power, and parasitism on our economy is left completely at their doorstep. Why do we give the federal judiciary so much power and personal gain when they have served the Public GOod so poorly?