kebab@endlesstalk.org to politics @lemmy.worldEnglish · 1 month agoBeef prices are the new egg prices. They’re soaring | CNN Businesswww.cnn.comexternal-linkmessage-square71linkfedilinkarrow-up1230arrow-down14
arrow-up1226arrow-down1external-linkBeef prices are the new egg prices. They’re soaring | CNN Businesswww.cnn.comkebab@endlesstalk.org to politics @lemmy.worldEnglish · 1 month agomessage-square71linkfedilink
minus-squarecyberwolfie@lemmy.mllinkfedilinkarrow-up1·1 month ago The market for local beef is an oligopoly with only a few buyers, so it’s easy for them to manipulate the price That’s an oligopsony, not an oligopoly which would have only a few sellers.
That’s an oligopsony, not an oligopoly which would have only a few sellers.