Food monopolies

Nature

The food industry in the capitalist world is controlled by a small number of monopolies; the major food monopolies controlling the production of particular commodities abroad, as well as in their home countries. By exporting goods and capital, they have cornered the world capitalist market for many food products. In former colonies and developing countries, the food monopolies control the production and supply of certain types of valuable raw materials.

Incidence

The largest food monopolies are Unilever (Anglo-Dutch), Nestlé Alimentana SA (Swiss) and Coca-Cola (USA).

Claim

By monopolizing the production of food commodities, maintaining high monopoly prices on goods, and paying extremely low prices for raw materials, the food monopolies exploit the people.