Five corporations control 90% of the US media market.
Airlines merged from 12 major carriers in 1980 to 4 today.
Four giants control 80% of meat processing.
A handful of companies control the pharmaceutical industry.
The evidence of corporate concentration is everywhere.
obvious vs oblivious:
here's a idea.. let's start calling things exactly what they are:
"A cartel is a group of independent market participants who collaborate with each other and avoid competing with each other in order to improve their profits and dominate the market." #1 reason prices are HIGH.
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