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Transcripts For MSNBC Morning Joe 20240707

concentration. long-term the fix is making sure we have more producers and more competition in the market so we re not relying on just one company. it s so crazy, isn t it? we re talking about baby formula, which seems outrageous. we can t get parents baby formula? you just talked about it. there is such a market concentration throughout our economy. we re talking about this whether you re talking about baby formula, computer chips, during covid we couldn t get masks, we couldn t get medication because china was making 95% of the medicines. there is such a market concentration, this is literally a national security issue, isn t it? absolutely. particularly with food, we have long understood that we need to be able to produce our own food. i think the exact same thing is true about other essentials including medication. the solution is to make sure there are not just one or two companies controlling things, but instead that we have a lot of different producers in different

Transcripts for MSNBC Morning Joe 20240604 13:02:00

be able to produce our own food. i think the exact same thing is true about other essentials including medication. the solution is to make sure there are not just one or two companies controlling things, but instead that we have a lot of different producers in different parts of the country. we have monopolies today in virtually everything. there is a bread monopoly, there s a cereal monopoly, beef monopoly. so we need to create this competition. it s going to help not only consumers, but small businesses wanting to enter these marketplaces. more competition is better for our economy, period. the only people who benefit from monopolies are the monopolists themselves. back to inflation as we close. how do democrats message on

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