Friday, April 1, 2011

How Corporations Control Their Revenue


In Fast Food Nation Eric Schlosser brings out facts of corporations that have been able to take over the maintenance of their livestock that they purchase. Some of the major key terms that appear to go hand and hand are the control that corporations have on the market, and their uniformities. They are able manipulate the market by teaming up to form “trust” among each other in order to kept the prices and manufacturing under their control, which essentially allows them to keep their cost at minimum (p.137). Two major factors that allow for them have such control is the lack of implementation of the antitrust laws from the Federal Trade Commission and supervision form other agencies such as the U.S. Department of Agriculture.  As a result of the failure of keeping these corporations under strict guidelines, many ranchers have suffered by not being able to sell their livestock at fair market prices (p.143).

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