A new study out by the department of Sociology, Univ. of Missouri shows the level of corporate concentration to be reaching dangerously high levels. They calculate a "CR4" percentage which is equal to the market share of the top four firms in that sector. Until recently economists widely recognised that a CR4 level above 40% signalled insufficient competition and excessive market power. Remember this is the situation in the US which the open border'rs are looking to for salvation. Some highlights:
Beef Packers CR4 = 83.5%
Pork Packers CR4 = 64%
Pork production CR4 = 49%
Broiler chickens CR4 = 56%
Flour milling CR4 = 63%
Soya bean crushing CR3 = 71%
Food retailing CR4 = 46%
Beef Packers CR4 = 83.5%
Pork Packers CR4 = 64%
Pork production CR4 = 49%
Broiler chickens CR4 = 56%
Flour milling CR4 = 63%
Soya bean crushing CR3 = 71%
Food retailing CR4 = 46%
Comment