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Dean Foods
Antitrust division to probe complaints about Dean Foods’ alleged monopolistic practices
Justice official says “competition isn’t well served when one player controls 70 percent of the market”
Senators say dairy industry consolidation hurting farmers A lack of competition may allow dominant dairy processors to “exert power” and depress the price farmers receive for raw milk, according to Christine Varney, the assistant attorney general for the Antitrust Division of the U.S. Department of Justice, who spoke at a congressional hearing held in St. Albans… Continue reading
Desperate times for dairy farmers
Economist: 150 farms could go out by next summer
You’ve read the headlines. The dairy industry is in crisis. Milk prices have fallen to 30-year lows. Worldwide demand for cheese and powdered milk has plummeted because of the global recession. Farmers are eating into their equity to survive.
But how bad is it, really?
If you didn’t know any better, you might… Continue reading Sponsor
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