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A potato cartel?


Alex

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A class action suit was filed this week in the US over alleged price-fixing by four potato companies that control 98 percent of the frozen potato products market in the US.

 

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Four companies [two American, two Canadian] currently dominating a multibillion-dollar market in the United States are being accused of sharing detailed, sensitive inside information with each other as part of an alleged conspiracy to raise the price of their goods and make more money off consumers.

 

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"There is no sincerer love than the love of food."  -George Bernard Shaw, Man and Superman, Act 1

 

"Imagine all the food you have eaten in your life and consider that you are simply some of that food, rearranged."  -Max Tegmark, physicist

 

Gene Weingarten, writing in the Washington Post about online news stories and the accompanying readers' comments: "I basically like 'comments,' though they can seem a little jarring: spit-flecked rants that are appended to a product that at least tries for a measure of objectivity and dignity. It's as though when you order a sirloin steak, it comes with a side of maggots."

 

A king can stand people's fighting, but he can't last long if people start thinking. -Will Rogers, humorist

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I saw that. Two of those companies are headquartered here in New Brunswick, and one (Cavendish) is owned by our local oligarchs.

“Who loves a garden, loves a greenhouse too.” - William Cowper, The Task, Book Three

 

"Not knowing the scope of your own ignorance is part of the human condition...The first rule of the Dunning-Kruger club is you don’t know you’re a member of the Dunning-Kruger club.” - psychologist David Dunning

 

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😀

4 hours ago, chromedome said:

I saw that. Two of those companies are headquartered here in New Brunswick, and one (Cavendish) is owned by our local oligarchs.

 

Tariffs are coming.😀

Edited by gfweb (log)
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