Antitrust suits were filed against these four companies in November, alleging that they conspired to fix prices: https://archive.is/fp44d
Re:It's not a crime if we do it with an app
by KennyBlanken on Sunday January 26, 2025 @12:02PM
(#42831559)
That's pretty funny coming from someone attempting to manipulate people who have read the comments but not the linked article, or the original reporting that is linked to in said article.
You left out all four companies feeding data to PotatoTrac, all four companies announcing raising their prices by the same amount at exactly the same time, executives shifting which company they work for like it's a merry-go-round, the four companies communicating extensively between each other in a way not even remotely natural for competitors, the companies demanding suppliers not take on other customers, restaurant distributors forcibly bundling fries with other foods so that restaurants have to sell them, and so on.
Oh, and multiple anti-trust lawsuits: https://fortune.com/2024/11/22/potato-cartel-price-fixing-la...
Also left out that other mega-food companies have been caught doing the same thing...
Re:It's not a crime if we do it with an app
by asadotzler on Sunday January 26, 2025 @12:33PM
(#42831865)
Are you willfully misleading here or did you simply not, you know, do the thing you're supposed to do before commenting?
There is no such company "Big Potato Cartel". It's four separate companies, grouped together by the author's observation that together their frozen-potato market shares sum to 97%. But your mental image is something like a drug cartel or OPEC. Someone is playing with your emotions.
How many big companies would you expect in a mature market? Four seems pretty normal.
The article includes the accusation that these companies engage in price fixing via an app. It's an interesting claim, possibly worth investigating, but there's nothing substantial in the article to support it. Just a lot of emotional manipulation.
I don't like being emotionally manipulated.