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Downward price pressure from competition only works when there's competition - not monopoly or monopsony.
by lucidguppy 3y ago
Downward price pressure from competition only works when there's competition - not monopoly or monopsony.
- prepend 3y agoIs there monopoly on groceries? There’s much consolidation in agriculture, but I’m supposed to believe that ConAgra is in cahoots with my local farmers market to both use their monopsony powers to increase everything? Including what’s grown locally?