my latest investigation for @ConsumerReports is based on months of reporting and 120 lab tests of popular snacks
we found over a third of grocery products had more additives or contaminants in one serving than what health agencies have identified as safe to consume daily (š§µ)
NEW: Public schools spend $700 billion a year. Tech companies, private equity, and Wall Street all want a cut.
They get it through revolving-door relationships with school administrators, and kids pay the price. We dug into it.
Food deserts and high grocery prices spring from a consolidated food chain. This piece by Claire and Sandeep explains how we can enforce the laws to fight back.
Thrilled to publish this piece with @clairekelloway on one major cause of high food prices--market concentration--and a solution to it--breaking up and regulating agribusinesses
Fossil fuel price shocks are redistribution shocks. The rich reap the windfall profits and the many are burdened by cost.
āWe find that 50% of the profits in the oil and gas industry went to the top 1% richest Americans, whereas only 1% of those profits went to the bottom 50%.ā
Great to see our research covered by @NPR!
Disaster capitalism on steroids
Spiking fertilizer prices have brought back the specter of a new world food crisis.
Meanwhile the stocks of a handful of companies that control the fertilizer market are surging.
Sysco wants to be restaurants only option, and this deal brings them one step closer to that. Sure, Sysco delivers while RD is "cash and carry," but independent restaurants do compare prices between the two. Small restaurants will be even more cornered if this deal goes through.
Sysco wants to be restaurants only option, and this deal brings them one step closer to that. Sure, Sysco delivers while RD is "cash and carry," but independent restaurants do compare prices between the two. Small restaurants will be even more cornered if this deal goes through.
Notable deal in distribution this morning. Sysco is buying Restaurant Depot for $29 billion. Plans to expand RD more aggressively. It gives Sysco a huge entry into cash-and-carry and a large number of independent restaurant customers.
restaurantbusinessonline.comā¦
Fewer wholesalers means higher prices for restaurants and higher prices for customers. It also means local farmers and food businesses have fewer market entry points, diminishing variety. Consolidation breeds more consolidation along the supply chain. youtube.com/watch?v=rXXQTzQXā¦
Sold as a middle-class tax cut, Trumpās āOne, Big Beautiful Billā is delivering a major windfall to corporate America, with some of the richest companies now paying far less to the IRS bloomberg.com/news/articles/ā¦
Fertilizer prices are rising as US and Israelās war on Iran closes the critical Strait of Hormuz. In theory, nitrogen fertilizer can be made all over the world, so why is the industry so consolidated and vulnerable? open.substack.com/pub/foodanā¦
1. Tim Muris, who held top roles at the FTC in the 1970s-80s and 2000s, has teamed up with the Competitive Enterprise Institute on a new effort to discredit and bury the Robinson-Patman Act.
Muris has a record of inventing history to support his agenda. Here are a few examples.
I live in Minneapolis. Witnessing the ways local businesses are boldly & creatively stepping up to meet community needs while large corporations offer mild statements or facilitate ICE reminds me why antimonopoly policy is central to a healthy democracy
foodandpower.substack.com/p/ā¦