Quote:
Originally Posted by Tyrone Slothrop
Ha! Now *that's* funny.
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Your former colleagues have had some seriously high profile misses in terms of anticipating online competition, but are actually pretty good at things like local retail, where barriers to entry are really low.
But yeah, the PE and other roll ups that are coming likely really raise antitrust concerns because, for example, four firms controlling 80% of pork processing doesn’t sound like an antitrust problem even though its increasingly a political problem.
Meanwhile, what do you tell a processor coop that is being asked to help euthanize hogs there’s no demand for? (Which turns out to be a harder question than “can we show the result we’re pretty sure they were looking for?”) Seems like people just trying to survive are soon going to be vilified.