The Mysterious Fees Inflating Your Grocery Bill

Investment Analysis Clubs Macro Economic Trends and Risks
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Antitrust lawyer Eric Stoller talks about Private Equity’s “economic termites” that are bleeding the country dry.

This is an illness that started in 1980 when we stopped enforcing the antitrust laws.

https://www.wsj.com/business/retail/food-inflation-mysterious-fees-distributors-ed17bb45?st=bpfDku&reflink=desktopwebshare_permalink

{{ Big food companies have increased prices in recent years for everything from cereal to ketchup to potato chips, citing higher costs for ingredients and labor, among other things. Many small manufacturers that have raised their prices have another explanation. They say they also are being squeezed by the distributors who act as gatekeepers to many supermarkets. }}

Grocery Distributors are the PBMs of the food industry. They add cost with little or no benefit to the consumer.

intercst

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but, But, BUT…the entire thrust of “supply side economics” was to concentrate all the loot in the hands of the “JCs”. We were assured that making the rich richer, at the expense of everyone else, was the road to economic nirvana. Surely, an over the hill, second rate actor, wasn’t just reading another script that had been handed to him?
/sarcasm

Steve

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