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Food Media

The Guardian...Revealed: the true extent of America's food monopolies and who pays the price

Melanie Wong | Jul 20, 202104:03 PM    

" . . . The size, power and profits of these mega companies have expanded thanks to political lobbying and weak regulation which enabled a wave of unchecked mergers and acquisitions. This matters because the size and influence of these mega-companies enables them to largely dictate what America’s 2 million farmers grow and how much they are paid, as well as what consumers eat and how much our groceries cost.

It also means those who harvest, pack and sell us our food have the least power: at least half of the 10 lowest-paid jobs are in the food industry. Farms and meat processing plants are among the most dangerous and exploitative workplaces in the country.

Overall, only 15 cents of every dollar we spend in the supermarket goes to farmers. The rest goes to processing and marketing our food. . . "

Revealed: the true extent of America’s food monopolies, and who pays the price

Investigation shows scale of big food corporations’ market dominance and political power

www.theguardian.com
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