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Overbearing regulation by the federal government is the direct cause of the dangerous consolidation we have in the meat industry. The greater the consolidation
by clarkmoody 5y ago
Overbearing regulation by the federal government is the direct cause of the dangerous consolidation we have in the meat industry.
The greater the consolidation, the greater the damage from bacteria outbreaks, or in this case cyberattacks.
- ClumsyPilot 5y agoWe have more stringent food regs in EU and yet we have less consolidation
- munificent 5y agoConsolidation is the natural tendency of all businesses, independent of regulation. Powerful businesses may capture regulation to further entrench their consolidation, but don't confuse cause for effect here. Regulatory capture doesn't happen until after you have a powerful enough cartel to start buying politicians.
- nickff 5y agoRegulations usually carry a fixed cost, regardless of scale, so the easiest way to reduce their impact on margins is to consolidate. Big businesses are often in favor of regulations because they create moats which small businesses cannot cross.
- deleted 5y ago[deleted]
- posixplz 5y agoSpot on. Also worth noting that regulation and government administrative law are the only ways to restrict consolidation. (Anti-trust, FTC merger approvals)
- deleted 5y ago[deleted]
- piva00 5y ago> Overbearing regulation by the federal government is the direct cause of the dangerous consolidation we have in the meat industry. This is the kind of statement where I need to ask this even here on Hacker News: source, please?
- nerdponx 5y agoIn The Omnivore's Dilemma, author Michael Pollan presents USDA meat processing regulation as excessive with respect to actual meat production, but successful at preventing small independent meat processors from being economically viable.