Jac on Nostr: An industry in taters… Potato makers are getting chopped, boiled, and mashed up by ...
An industry in taters… Potato makers are getting chopped, boiled, and mashed up by antitrust. Five new federal lawsuits accuse frozen-spud producers Lamb Weston, Cavendish, McCain Foods, and Simplot of running a curly-fry cartel, colluding to overcharge grocery stores and consumers since 2021. The four companies are said to control 97% of the US frozen-potato market with products like fries, hashbrowns, and tater tots. The suits say that prices of those freezer-aisle staples have soared nearly 50% in the past two years through July.
Staple?! No. Value added luxury product. Ridiculous.
Published at
2024-11-22 17:37:19Event JSON
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"content": "An industry in taters… Potato makers are getting chopped, boiled, and mashed up by antitrust. Five new federal lawsuits accuse frozen-spud producers Lamb Weston, Cavendish, McCain Foods, and Simplot of running a curly-fry cartel, colluding to overcharge grocery stores and consumers since 2021. The four companies are said to control 97% of the US frozen-potato market with products like fries, hashbrowns, and tater tots. The suits say that prices of those freezer-aisle staples have soared nearly 50% in the past two years through July.\n\nStaple?! No. Value added luxury product. Ridiculous.",
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