One company sells 80% of all canned pumpkin, one cooperative sells 70% of all cranberry sauce, and two companies sell 60% of all carrots. That’s not great for fair prices or resiliency.
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Last week, the Governor of Maine signed a law granting loggers and haulers the right to bargain collectively with forest owners and sawmills. Previously, loggers and haulers have had difficulty striking better contract terms with timber buyers because antitrust laws against price fixing prohibit independent contractors from coordinating.
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