Marginalium

The Rise Of Big Potato:

Saltzman had received a notice from his bar’s food distributor that effective April 4, the four major suppliers of frozen potato products, which sell products like french fries and Tater Tots to bars and restaurants around the country, were all hiking their prices in lockstep, each by $0.12 per pound … That April, Saltzman’s offhand tweet — “Totally not collusion or anything, right?” — went viral. And last month, it was cited in a new spate of antitrust lawsuits brought against the four biggest companies in the frozen potato market, claiming the companies were in fact colluding when they all hiked their prices at the same time in 2022 … just four firms now control at least 97 percent of the $68 billion frozen potato market