Remember that kid on the playground, not the bully, but his smaller, weaker spokesman; that big-mouth side-kick that did most of the talking? Well some of these little rascals grow up, but never shut up. Some get paid for their lip bumping; others just talk because they love to hear the sound of their voice. Either way, they talk and talk and talk because they’re afraid to walk the walk. Steve Dittmer is one of those talkers. He has Read More …
Category: Antitrust
Robber Barons Return – U.S. Becoming Beggar Nation
As Big Food’s tentacles wind tighter around markets and governments, OCM fights on From seed to plate, a handful of global corporations have combined their power to extract unprecedented amounts of resources and wealth. Even Upton Sinclair* couldn’t have predicted that today our nation’s four largest meat packers would control over 85% of the market. Surely even he would be surprised to find the biggest companies in all three major meat categories— beef, pork, and poultry—now foreign owned! Read More …
Big Beef
Independent ranchers and animal rights activists don’t agree about much, except that it’s time to stop using federal tax dollars to support the meat lobby. By Siddhartha Mahanta | New America Foundation Imagine if the federal government mandated that a portion of all federal gas taxes go directly to the oil industry’s trade association, the American Petroleum Institute. Imagine further that API used this public money to finance ad campaigns encouraging people to drive more and turn up Read More …
‘Picked Off Like a Single Quail’
Daily Yonder – Ag and Trade | 12/30/2013 Unless rural people get organized to stand up to corporate power, the future of rural America will be grim, says veteran Nebraska agriculture attorney David Domina. If you care about rural communities, watch this speech — even if it means skipping a few cat videos. By Tim Marema If farmers don’t get organized and work together, they stand about as much chance of surviving as a lone bird flying into Read More …
Special Commission Appointed to Investigate Packers Makes Report
National Farmers’ Union | Salina, Kansas | August 22, 1918 Declare the Five Big Packers Control One-Half of Meat Supply of Allied Nations — Have Used Their Power to Manipulate Livestock Market. President Wilson has made public the recently filed report of the special commission appointed some time ago to investigate the alleged monopolies tie to the control of the meat industry by the big packing companies. The commission declares that the five big packers control half of Read More …
Our Way or the Highway
No one knows why James Hunter left his family for a two year gold prospecting tour in them thar hills. All we really know is a remote branch of the family tree once broke loose from his Missouri roots for the California Gold Rush. Maybe James wanted respite from routine … or plain old adventure. Or maybe he had gold fever. He found gold, probably not the bonanza he wanted, but when James returned there was just enough Read More …
The Folks Who Sell Your Corn Flakes are Acting Like Goldman Sachs—and That Should Worry You
BY LINA KHAN In July, the public learned that Goldman Sachs and several other large banks have morphed into giant merchants of physical goods, routinely shipping oil, running power plants, and amassing stocks of metals so large that Coca Cola accused them of hoarding. It was a disconcerting moment, as regulators realized that firms so recently known for their explosive mortgage-backed securities also deal in goods that can literally explode. These activities mean that banks supplying credit to Read More …
The Fertilizer Oligopoly: The Case for Global Antitrust Enforcement
AAI Working Paper No. 13-05: by Author: C. Robert Taylor and Diana L. Moss Fertilizers are a critical input in the agricultural sector where industrial farming is heavily dependent on external inputs of nitrogen, phosphorus, and potassium or potash. A history of supra-competitive pricing by the few, large global producers of fertilizer inputs – coupled with characteristics that make the market conducive to anticompetitive coordination (i.e., collusion) – raise significant competitive concerns. This working paper qualitatively and quantitatively Read More …