Do We Really Want a Food Cartel?
The Federal Trade Commission has just released its long-anticipated report on the major disruptions to America’s grocery-supply chain during the coronavirus pandemic—and it confirmed the worst. According to the report, large grocery companies saw the pandemic as an opportunity. They deliberately wielded their market power amid food shortages, entrenching their dominance and keeping their shelves stocked even as smaller companies had to scramble for goods or simply close up shop.