After decades of consolidation, just four firms now control at least 97 percent of the $68 billion frozen potato market. A new spate of antitrust lawsuits accuses them of brazen price-fixing.
French fries are a food that I won’t be sad for losing from my life. They are unhealthy and always the thrifty side dish option, fried in horrible oils reused to oblivion. They are a staple only because they are quick to make with the right equipment and in large quantities on demand. Aka, they are fast food. And fast food in the US is arguably a cartel. Thankfully, I’m not in the US, I’m in Greece, with a very different fast food market, culinary tradition, and definition for a fried potato. If they want to corner the market on McDonald’s style fries, fine I don’t care. I enjoy my soft potato fries, gnocchi, my jacket potatoes, my rice better anyway.
What an absolutely shallow take. This isn’t about French fries or fast food. This is about end stage capitalism and how corporations are just nakedly colluding with each other.
This is why the cost of just about everything is increasing faster than inflation.
French fries are a food that I won’t be sad for losing from my life. They are unhealthy and always the thrifty side dish option, fried in horrible oils reused to oblivion. They are a staple only because they are quick to make with the right equipment and in large quantities on demand. Aka, they are fast food. And fast food in the US is arguably a cartel. Thankfully, I’m not in the US, I’m in Greece, with a very different fast food market, culinary tradition, and definition for a fried potato. If they want to corner the market on McDonald’s style fries, fine I don’t care. I enjoy my soft potato fries, gnocchi, my jacket potatoes, my rice better anyway.
What an absolutely shallow take. This isn’t about French fries or fast food. This is about end stage capitalism and how corporations are just nakedly colluding with each other.
This is why the cost of just about everything is increasing faster than inflation.