"Monopoly" in this sense is wrong, because Costco has more than 5 suppliers that they can choose from to buy what they want, and they are getting chicken for re

"Monopoly" in this sense is wrong, because Costco has more than 5 suppliers that they can choose from to buy what they want, and they are getting chicken for really low prices. No one is getting extorted here, except for the farmers, and Costco is just looking to take advantage of them the same way the big chicken companies do. Chicken is half the price than grapes in a lot of places, by weight. It's insanely cheap. The real travesty is that these companies hold regional monopsonies so the farmers can only sell to one company, putting them in a bad spot where the chicken companies can dictate terms. Costco wants to be able to do that directly to farmers too, without the middle man.