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Bernie Sanders Calls For Moratorium On Agriculture Mergers
“I think we’ve not only got to have that moratorium, but we have to go further... We have to start breaking them up.”
By Amanda Terkel 04/15/2019 03:01 pm ET
INTERVIEW VIDEO at LINK
Excerpts:
From going after technology companies and taking on pharmaceutical giants, antitrust issues have been a central issue in the early stages of 2020 Democratic presidential race.
Sanders said that “in almost every sector of American society ― agriculture, Wall Street, etc.,” a few large corporations increasingly are dominating. “That means higher prices, less competition. And it hurts consumers, and it hurts the real people who do the work,” he said. ... Sanders’ call for a moratorium on agriculture mergers goes further than what some others in the presidential field are calling for.
Sanders said he’s worried about the national security implications of having foreign companies controlling U.S. agricultural companies.
“We don’t survive if we don’t eat,” he said. “And I do not want our agricultural land to be in the control of people who may not have the best interests of the United States at heart.”
AgriNews recently summed up what the dairy industry now looks after Walmart built a large processing plant in Indiana: “Walmart has Walmart contracted-truckers hauling Walmart contracted-milk to a Walmart bottling plant that Walmart will then process and haul to Walmart stores on Walmart trucks to sell directly to Walmart customers. That’s an airtight form of vertical integration rarely seen in U.S. agriculture and never seen on that scale.”
https://www.huffpost.com/entry/bernie-sanders-agribusiness_n_5cb0a662e4b0ffefe3afba70?1tk
Link to tweet
