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United States Antitrust Law Wikipedia Form

United States Antitrust Law Wikipedia Form

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Not long ago I visited some farmers in Missouri whose profits are disappearing. Why? Monsanto alone owns the key genetic traits to more than 90 percent of the soybeans planted by farmers in the United States, and 80 percent of the corn. Which means Monsanto can charge farmers much higher prices. And farmers are getting squeezed from the other side, too, because the food processors they sell their produce to are also consolidating into mega companies that have so much market power they can cut the prices they pay to farmers. This doesn’t mean lower food prices to you. It means more profits to the monopolists. America used to have antitrust laws that stopped corporations from monopolizing markets, and often broke up the biggest culprits. No longer. It’s a hidden upward redistribution of money and power from the majority of Americans to corporate executives and wealthy shareholders. I’m in a supermarket. Looks like lots of choice, doesn’t it? But, let’s take a closer look. The f

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