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Setting aside the fact that stores only sell milk and all get it from the same set of farms which usually have their own trade group, monopoly if you will, why
by kfprt 5y ago
Setting aside the fact that stores only sell milk and all get it from the same set of farms which usually have their own trade group, monopoly if you will, why should regulatory capture favor your preference over theirs?
- merpnderp 5y agoThere's no milk monopoly. That's ridiculous. Farmer Joe is free to sell his milk at whatever price he wants.
- lozaning 5y agoNot exactly https://en.wikipedia.org/wiki/Dairy_Price_Support_Program https://en.wikipedia.org/wiki/Dairy_Price_Support_Program Worked on a project a while back for pricing different qualities of milk and the amount of federal programs, guidelines, and laws regulating dairy markets is extremely substantial.
- kfprt 5y agohttps://en.wikipedia.org/wiki/Dairy_Farmers_of_America https://en.wikipedia.org/wiki/Dairy_Farmers_of_America
- pas 5y ago~22% of the market if I understand correctly. Hardly a monopsony.