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#antitrustlaw

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Robinson-Patman—“passed in the 1930s to stop A&P from forcing suppliers to sell to it at cheaper prices than A&P’s smaller competitors. The law was so effective that the 8 largest chains combined controlled just 25% of the marketplace from 1954 to 1982.…

“But when the Reagan admin stopped enforcing R-P, & the biggest players started to demand special discounts from suppliers, [who] demanded more from smaller grocers to make up lost profits.”
#fooddeserts #antitrustlaw

ohiocapitaljournal.com/2024/12

Ohio Capital Journal · Want to fix food deserts and lower food prices? Enforce antitrust law, activist says • Ohio Capital JournalGrocery giants Kroger and Albertsons aren't going to merge into a single grocery mega-giant, but in many ways, the damage caused by 40 years of non-enforcement of relevant antitrust law is already done, said a prominent critic of anticompetitive practices. 

#USpolitics #SimpleEconomics #Greed

Inflation is down
but prices stay high.
How can that be ....??
Isn't it nice to live in a country with as strong a capitalism as the US?

"Is It Inflation? Or Is It Greedflation? | Robert Reich" [5:06 min]
by Robert Reich

youtube.com/watch?v=gj7WEbh4e0

Quote by RR:
"9 apr 2024
The next time you hear someone blame inflation on stimulus checks that Americans got four years ago or workers finally getting much-needed pay bumps, kindly remind them that corporate profits are at a 70-year-high. Hello?"

"Don't behave like a victim.... ORGANISE ! #WorkersUNite #FightCorperateMonopolyPower #AntiTrustLaw #VoteBlue #Biden