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Passages

(4,526 posts)
Tue Apr 15, 2025, 11:19 AM Apr 2025

David Dayen: I obtained a letter Albertsons sent to its suppliers [View all]

it is "not accepting cost increases due to tariffs." That means suppliers will raise prices on Albertsons' competitors that have less market power. This is one way Trump's tariffs entrench monopolization. (link below)


Only big companies can afford lobbyists who can win tariff exemptions. Only big companies can absorb increases in input costs and opportunistically raise prices above them.
“A lot of little businesses are going to go away,” said one small business owner.



How the Trump Tariffs Assist Monopoly

Imposing market power on suppliers or seeking special exemptions from the president are not avenues available to small businesses.

by David Dayen April 15, 2025
https://prospect.org/economy/2025-04-15-how-trump-tariffs-assist-monopoly/

All the wrong kind of change is coming.

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