The Impact of Antitrust Laws on Agriculture

Antitrust laws are designed to promote competition by limiting the market power of firms to prevent monopolies. However, the agriculture industry has found ways to circumvent traditional definitions of monopolization, leading to a concentration of power among a few large corporations. By leveraging data analysis through companies like Agristats, food producers can access detailed market information, which they use not to lower prices but to artificially inflate them. This manipulation results in increased food prices for consumers while calorie consumption declines, showcasing a distorted system focused on maximizing profits rather than ensuring food accessibility.