Something wrong with this picture?
". . . across industries, the U.S. has become a country of monopolies.
- Three companies control
about 80% of mobile telecoms. Three have 95% of credit cards. Four have
70% of airline flights within the U.S. Google handles 60% of search.
The list goes on. (h/t The Economist)
- In agriculture, four companies control 66% of U.S. hogs slaughtered in 2015, 85% of the steer, and half the chickens, according to the Department of Agriculture. (h/t Open Markets Institute)
- Simlarly, just four companies control 85% of U.S. corn seed sales, up from 60% in 2000, and 75% of soy bean seed, a jump from about half, the Agriculture Department says. Far larger than anyone — the American companies DowDuPont and Monsanto. "
Oh, ok, whatever you say.