Monopsie - What Is It and How Does It Work?

The retail industry has become so consolidated even just in the past decade that's driven ramifications like bankruptcies of small regional players, lots of M&A and corporate consolidation. The union head told me about how he's been in plans where all of a sudden if the plant doesn't agree to a new stipulation that Walmart gives them, they have pretty much any option of getting meat wherever they want.