NEW BOOK REVEALS THAT FOOD MONOPOLIES ARE EVERYWHERE
Most people know about fast food and big beer monopolies. Many people don’t know, though, that many craft beers are actually owned by big breweries, and margarine – yes, margarine – is nearly a monopolized market, said Phil Howard, associate professor of community, agriculture, recreation and resource studies, and author of Concentration and Power in the Food System: Who Controls What We Eat?
“At almost every key stage of the food system, four firms alone control 40 percent or more of the market, a level above which these companies have the power to drive up prices for consumers and reduce their rate of innovation,” he said. “These trends are often hidden from most of us – and even from people who work in these industries – because acquisitions may not result in changes of brand names.”
Here are some examples: Walmart rules retailing, owning 33 percent of the U.S. market; AB InBev dominates more than 46 percent of the U.S. beer market; and Monsanto controls 26 percent of the international seed market. In the dairy case, Unilever accounts for more than 51 percent of sales of margarine while ConAgra accounts for nearly 17 percent of all U.S. sales.
“In terms of margarine, the corporations’ power is hidden from us through an illusion of numerous competing brands,” Howard said. “There’s a deliberate attempt to obscure how much shelf space is controlled by just a few corporations.”
The book identifies dominant corporations and supermarket chains and shows the extent of their control over markets. It also analyses the strategies these firms are using to reshape society in order to further increase their power.
“The book covers how corporations influence vulnerable populations, such as recent immigrants, ethnic minorities and people with lower socioeconomic status,” Howard said.Table Of Contents
1. Food System Concentration: A Political Economy Perspective
2. Reinterpreting Antitrust: Retailing
3. Structuring Dependency: Distribution
4. Engineering Consumption: Packaged Foods and Beverages
5. Manipulating Prices: Commodity Processing
6. Subsidizing the Treadmill: Farming and Ranching
7. Enforcing the New Enclosures: Agricultural Inputs
8. Standardizing Resistance: The Organic Food Chain
9. Endgame?