The other side of it is that there is starting to be support for actually using the anti-trust laws that are on the books. Right now it’s mostly focused on Google and other tech companies, but there’s a huge problem in US markets with corporate consolidation.
Could antitrust laws be used here? I thought those were only for monopolies. I don’t think Unilever has monopolies, at least not in the U.S., hence the ridiculous amount of diversification instead.
Under current legal interpretation absolutely not. Which is the problem that’s being looked at. It’s not legislation, it’s based on supreme court rulings, that could easily be overruled by congress. It’s going to be a very long debate before that happens sadly. Which is good on the side that setting a new anti-trust standard will absolutely rock the economy, so a snap decision isn’t in anyone’s interest. But at the same time, as we’ve seen from the pandemic inflation, without competition in the market, price gouging is getting out of hand. Market steering and manipulation by individual corporations is also getting out of hand, it just doesn’t generate the same level of public outrage.
For those unaware:
https://en.wikipedia.org/wiki/List_of_Unilever_brands
It’s staggering. It also shouldn’t be legal.
Yeah, breaking up Google and Amazon is cool, but how about Unilever, P&G, Nestle, etc.
The other side of it is that there is starting to be support for actually using the anti-trust laws that are on the books. Right now it’s mostly focused on Google and other tech companies, but there’s a huge problem in US markets with corporate consolidation.
Could antitrust laws be used here? I thought those were only for monopolies. I don’t think Unilever has monopolies, at least not in the U.S., hence the ridiculous amount of diversification instead.
But I would love to be wrong about that.
Under current legal interpretation absolutely not. Which is the problem that’s being looked at. It’s not legislation, it’s based on supreme court rulings, that could easily be overruled by congress. It’s going to be a very long debate before that happens sadly. Which is good on the side that setting a new anti-trust standard will absolutely rock the economy, so a snap decision isn’t in anyone’s interest. But at the same time, as we’ve seen from the pandemic inflation, without competition in the market, price gouging is getting out of hand. Market steering and manipulation by individual corporations is also getting out of hand, it just doesn’t generate the same level of public outrage.
Damn. This is not what Archimedes meant when he talked about moving the earth with a single lever.
Thanks. Just edited my post to include a link, then found your contribution.
Oh nice. I don’t use anything on those lists other then Ben and Jerry’s.
My list:
Ben & Jerry’s
Best foods
Dove
Q Tip
Vaseline
It’s doable. But probably pointless? Do we need to do evil entities chart vs P&G to see which is worse first?
Trader Joe’s ice cream is better
Hard agree, the coffee and chocolate are fantastic.
The only part of the flavor profile I don’t like is the anti-Union note we’ve been tasting lately.
Even so working there does not suck
The employees do seem happy and engaged.
I make $30 an hour putting potatoes on a shelf
There are always so many employees there, too. They do seem genuinely happy at my location, not just cashiers.
I’m all about that cheap IPA 6 pack, too