‘Grocery Cartels’ Control What Americans Eat, Where They Shop for Food
December 1st, 2021*snort* You haven’t seen a grocery cartel until you’ve come to New Zealand.
Via: The Defender:
“Grocery cartels” comprised of corporate monopolies controlling most of what Americans eat and drink — and the supermarkets in which they shop — have created a false illusion of consumer choice in a system that’s also draining local communities and enriching corporate executives, according to a new report published by Food & Water Watch, which offers steps to rebuild the broken U.S. food system.
The issue brief — titled “The Economic Cost of Food Monopolies: The Grocery Cartels” — notes the grocery industry raked in record profits as the COVID-19 pandemic dramatically limited restaurant dining and compelled more people to prepare meals at home.
“Americans, however, faced rising food costs and widespread shortages of some staples,” the report states. “And while the cost of meat shot up, prices paid to farmers actually declined, spurring a federal investigation.