Today it’s sometimes called “vertical integration.” A century ago there was another word—”trust.” Missouri’s junior senator thinks it’s about time for some old-fashioned “trust-busting.”
AUDIO: McCaskill on anti-trust
Acquisitions, mergers, consolidations in finance, farming, insurance, energy, and other commerce have some business critics saying the result is less competition that leads to a less diverse marketplace for producers and less choice for consumers.
Independent agriculture producers complain big operators that control research, production, processing, and marketing are controlling prices and limiting competition. Senator McCaskill says the antitrust division of the Justice Department needs to get busy for the first time in a long time.
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