Re:An Economy of Overfed Middlemen
by cwmma on Monday July 25, 2022 @04:20PM
(#32230392)
Yeah the point of the article is if you can monopolize that layer you can extract enormous rent, especially if you get yourself exempted from the law against kickbacks which pharmacy middlemen did.
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Re:An Economy of Overfed Middlemen
by rahimnathwani on Monday July 25, 2022 @04:38PM
(#32230584)
How does Walmart (cited early in the article) fit into this overall narrative?
As a consumer, I feel like Walmart operates in a competitive market. I go to Walmart even less often than I go to Target.
Target and Walmart have lots of control over sellers (technically as a Monopsony), if the don't carry your product, it doesn't get to consumers.
Also you may be lucky to have a choice, there are plenty of places where it's just a Walmart or target.