Republicans in the wake of the pandemic have also sought to regulate blocs in the domestic meatpacking industry, most of which is controlled by only four companies — Tyson Foods, Cargill, JBS USA and National Beef Packing Company. The packing industry is located in the middle of the beef industry’s supply chain, just as the shipping industry lies in the middle of many consumer goods pipelines.
I don’t know a whole lot about it. I do know these “mergers” have been going on for years - big eats small.
Tyson and Cargill are US owned. JBS is Brazilian. National Beef is majority owned by a Brazilian company.
I get the concern. I know the meat packers screwed over the ranchers, us and their employees during the Great 'Rona Hysteria of 2020.
I wonder if legislation is necessary and if so, what should it look like? I get the feeling everybody is lying to us on this.
From what I have observed over the decades is that the SEC does a pretty good job at regulating large corporations against mergers that can lead to monopolies in any given industry. And they have been pretty good at regulating where and when our corporations can establish footholds in outer countries.
If we would ever friggin admit on a large national scale that we live in an oligarchy, maybe something could be done about it on a large national scale.