3min chapter

COMMONS cover image

Monopoly 1 - Lost in the Supermarket

COMMONS

CHAPTER

The Power of Monopoly

There are so few independent grocers anymore that even an independent grocer who's going to try and undercut the biggies, it's very difficult for them to compete just on simple economies of scale. The traditional dynamics of like who's calling the shots are totally upended when you have this much concentration at the retail level. Right now, it's clear that we have this sort of de facto oligopoly that all seems to be raising prices at the same time. And we do have to wonder whether that's a situation we want to live with.

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