"I was wrong once in my life. This one time, I thought I was wrong, but it turned out I was right."
There's an American family with 14 billionaires. They control the ENTIRE global food supply.
It's not the Waltons. It's not the Kochs. 99% of people have never heard their name.
Meet the Cargill-MacMillan family.
https://resee.it/tweet/1953063575972659385
What is a Monopoly?
A monopoly exists when a single firm controls the market for a particular product or service, giving it significant power over pricing and other market conditions.
When is a Monopoly Illegal?
A monopoly is illegal under antitrust laws when it is acquired or maintained through anti-competitive conduct. This includes:
Anticompetitive Conduct:
Actions taken by a dominant firm to eliminate or hinder competition, such as:
Exclusive Dealing: Requiring distributors or retailers to only sell the monopolist's products, preventing other companies from accessing the market.
Price Discrimination: Charging different prices to different customers for the same product or service without a legitimate cost justification.
Refusing to Deal: Refusing to supply essential goods or services to competitors, effectively cutting them off from the market.
Predatory Pricing: Setting prices below cost to drive competitors out of the market.
