Thursday, December 11, 2008

Food price-fixing--right here in River City!

I missed this story in the Sacramento Bee, but picked it up over at the Daily Yonder. Read the Yonder's report here, which says that the "owner of a New Jersey-based food wholesaler routinely paid bribes to purchasing agents to ensure customers paid an inflated price for food and bought food from a particular vendor." According to the Bee, "The investigation has raised concerns within the government that collusion among farmers, processors and retailers may be driving food prices higher."

No comments: