Posts Tagged ‘trusts’

NPR and Jim Cramer on Big Ag Monopolies: Will Monsanto Get Busted?

August 20th, 2009  By Paula Crossfield

This morning, I woke up to an NPR report that began like this:

Since the 1980s, American agriculture has become increasingly concentrated. Today, less than 2 percent of farms account for half of all agricultural sales. The new antitrust division of President Obama’s Justice Department has said that scrutinizing monopolies in agriculture is a top priority.

That shift is giving hope to independent farmers, who have complained for years that agriculture giants are shrinking the marketplace and paying farmers less for their products.

Naturally, this got me right out of bed, as I have been reporting on the role competition plays in agriculture of late here on Civil Eats, and because the media barely batted an eyelash when the Department of Justice (DOJ) sent out a press release a week ago about the public workshops that will be held all over the US beginning in early 2010 to find out from farmers about possible anti-competitive behavior in agricultural markets. Read More

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Message to Obama: Bust-up the Agribusiness Trusts

May 21st, 2009  By Paula Crossfield

Beyond the thirty-year experiment in free-market ideology having been judged a failure in financial markets, one thing is clear: as Kerry Trueman reminded us in a recent post, unfettered capitalism has also been bad for our health, and indeed the safety of our food.

Last week, The New York Times reported that this administration has said it will take a harder line on anti-trust legislation, in diverse sectors of the economy including agriculture.  Perhaps its premature to tell what this will look like, but enforcing the laws that we already have on the books would be a great start to building a better food system. Read More

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