"Four companies supply America's most popular baby formulas: Abbott, Perrigo, Nestle, and Mead Johnson. These companies are huge and hold a monopoly"
A new definition of monopoly with which I was not previously familiar. How many companies does it take before "the exclusive possession or control of the supply of or trade in a commodity or service." no longer exists.
Just wondering.
2 comments:
Remember, journalists are the children of rich people that were too stupid to go to law school.
obviously, there needs to be a fifth company. A company owned by a connected friend of the Biden administration who will get massive "loans" to set up the business in a "disadvantaged" neighborhood and will them close up shop after a year of losing money hand over fist. But the CEO will make a few million in "salary" along the way.
--Generic
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