Washington is confronting a market that spent decades becoming more concentrated. The harder question is why competition was allowed to disappear in the first place.
This seems like an excellent analysis, but missing is,”Why is the Trump administration announcing this investigation?” And “Will they follow through? Unfortunately two very real possible answers must be considered. One is the administration got hammered for announcing the beef imports, and so thought up this “investigation” only to calm the waters, and they have no intention of following through with it. The second is that the Trump Family and MAGA sees the threat of an investigation as an opportunity to shake down another industry for campaign contributions and business payoffs
oversite vs giant lobbying firms. Lobbying is winning, the American taxpayer/ consumer is losing. Its the efficiency of the under the table deals, the hidden perks, not the efficiency of a corporation that protects monopolies.
This seems like an excellent analysis, but missing is,”Why is the Trump administration announcing this investigation?” And “Will they follow through? Unfortunately two very real possible answers must be considered. One is the administration got hammered for announcing the beef imports, and so thought up this “investigation” only to calm the waters, and they have no intention of following through with it. The second is that the Trump Family and MAGA sees the threat of an investigation as an opportunity to shake down another industry for campaign contributions and business payoffs
oversite vs giant lobbying firms. Lobbying is winning, the American taxpayer/ consumer is losing. Its the efficiency of the under the table deals, the hidden perks, not the efficiency of a corporation that protects monopolies.