Fries and a Shakedown
After decades of consolidation, just four firms now control at least 97% of a frozen potato market worth over $68 billion — and a new spate of legal cases are accusing them of price-fixing.
One afternoon in April 2022, Josh Saltzman, the owner of a sports bar in Washington DC, opened his inbox to find what looked like a french fry price-fixing conspiracy. Saltzman had received a notice from his bar’s food distributor that effective 4 April, the four major suppliers of frozen potato products, which sell products like […]