December 16, 2013
|Photo Credit: Adisa/ Shutterstock.com|
The in-depth analysis, released by Food & Water Watch on Thursday, illustrates the consolidation of the grocery industry and the range of impacts it has on the food chain.
Grocery Goliaths: How Food Monopolies Impact Consumers examines 100 types of grocery products and found that as food companies and supermarket chains have consolidated over the last few years, the illusion of choice among brands has coincided with increasingly expensive grocery bills.
“You might think you’re a savvy shopper, supporting independent businesses when you buy a product from the organic foods aisle of your grocery store, but chances are you’re really being duped by a small handful of grocery industry Goliaths hiding behind an array of brands and pretty packaging,” said Wenonah Hauter, executive director of Food & Water Watch .“The largest mega-retailers and manufacturers control more of what we eat than you thought. And they’re not only costing shoppers, but farmers and small food companies too.”