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They don't have a monopoly on any meaningful product category. By that reasoning I could have a monopoly on peanuts and it’s alright because consumers can choo
by master_crab 2mo ago
They don't have a monopoly on any meaningful product category.
By that reasoning I could have a monopoly on peanuts and it’s alright because consumers can choose from hundreds of other foods.
- bko 2mo agoBirdsong and Golden Peanut together have controlled roughly 80% of U.S. peanut shelling, with Olam holding another 10% or more. Warner Bros. releases roughly 20-30 wide theatrical films per year, or about 8-12% of all U.S. theatrical releases (counting independent films as well). Paramount Pictures releases roughly 10-20 wide theatrical films per year, or about 3-7% of all U.S. theatrical releases. Hope this helps
- master_crab 2mo agoThat’s not good either. It’s the same with poultry, many types of fruit, etc. This just makes the case further.
- dpoloncsak 2mo agoNot the original commentator, but I think they're suggesting that you're free to compete in these markets, but the margins are too tight until you're working at the scale of these big guys, so nobody does.