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Transcripts for MSNBC Stephanie Ruhle Reports 20220105 14:40:00

costs are so high, how do we address the mom and pops? because they re getting squeezed. one of the problems when there s concentration in industries is the mom and pops get squeezed out of the game altogether. i was so glad to see president biden step in on the meat industry, for example, because the consequence of the concentration there, we re down to basically four meat processors for the entire nation means that the smaller competitors have been knocked out, as well as the farmers, the smaller farmers that want to be able to sell in a competitive market where different processors are offering different prices. monopoly hurts not only the consumer in terms of the prices that the monopolist demands, but it also squeezes out the small businesses, and that s why it s so powerfully important that we

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Meat-industry

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