Reason: None provided.
Yes the meat processors created a meat buying monopoly or oligopy. Then those middlemen buyers could work together to put downward pressure on the wholesale prices for cattle.
It’s similar to the way Walmart put downward pressure on the prices for anyone wanting to be a Walmart supplier.
3 years ago
4 score
Reason: Original
Yes the meat processors created a meet buying monopoly or oligopy. Then those middlemen buyers could work together to put downward pressure on the wholesale prices for cattle.
It’s similar to the way Walmart put downward pressure on the prices for anyone wanting to be a Walmart supplier.
3 years ago
1 score