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Cake day: July 5th, 2023

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  • Increasing competition is good but my point is that because this situation is an oligopoly rather than a monopoly, aggressive price/profit regulations for people’s basic needs and enforcement will get us further faster and have more staying power than trying to break up a half dozen mega corporations (especially with how involved they are in politics).

    Preventing further market concentration, such as Albertsons/Kroger, is definitely needed. And breaking Amazon and Whole Foods up would be good. But it’s hard to argue that a monopoly is a monopoly when there’s three other oligopoly corporations nearby. Which will make breaking them up difficult.

    Subsidizing small grocers and food suppliers while aggressively taxing megacorps would also create market incentives that would move us towards more competition.