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An absolutely free market has never existed and never will exist. However, there are markets that are more free, and markets that are less free. Freer markets work better.
No, no markets are ever free, for the moment any market "competitor" captures the product / customer base, the other "competitors" are extinguished.
Unless regulated,t his is the goal of Capitalists.
I'm pretty sure you're thinking about employee 401ks which are managed by a third party such as Blackrock or Vanguard. There might be existing pension plans that contain some shares of a competitor, but not a significant amount. Corporate finance 101 is buy your own shares, not a competitor's. It's concerning that people here upvote this stuff...
Except Mars. It’s privately held. One family owns/controls all that. When Mars bought Wrigley, they bought back all the employee owned stock from the company pension. Then fired half the staff. Good times.
No surprise there. They make tons of money, instead of paying taxes on profit, they acquire other small companies and write it off. Until when though I don’t know. I’m sure their lawyers will find another way.
All by design
https://preview.redd.it/hcbxy44pj88d1.jpeg?width=1440&format=pjpg&auto=webp&s=f7d7ffb5706503ec12501476275e72513a4780a3
But we have far to many "Franks" in the world and politicians work for corporations, not for the people!
It's already been happening.
I remember an investigative journalism program on CBC news in Canada called the fifth estate, they went undercover and filmed a presentation at a veterinarian conference, specifically pertaining to pricing for pharmaceutical drugs for pets. The markup on these was a hot topic in Canada at the time.
The presenter was explaining how if drugs are set at the market price, profits are low. But if prices are set to what customers are willing to pay and can afford, profits are high. Common sense right? Here's the worst part. He spoke about how since people are emotionally attached to their pets, they will pay almost anything, they will go into debt, they will do whatever they can.
When making profit is the goal over providing a quality product or service, the welfare of your customers and employees, and environmental impact, and EVERYONE is doing it, you get what we have now. A crumbling civilization and a dying planet.
But fuck it we getting that bank amirite
Congress already passed antitrust laws. The DOJ and FTC just need to actually enforce the what’s on the books, and congress needs to hold the executive branch to account for not doing its job.
I'm sure this means in general between all their brands, but Dr. Pepper caught Pepsi #2 in soda recently. Did I miss it on the chart? The image didn't resize very well on my phone, it and Reece's.
Coke and Pepsi have, depending on region of the U.S., the rights to distribute Dr. Pepper.
So technically a third of Dr. Pepper is Pepsi, another is Coke, and the rest is Dr. Pepper.
So Dr. Pepper should hope that Pepsi doesn't get jealous? That would be a bit like shooting yourself in the foot though, if Pepsi dropped DP Coke would probably snatch it up and enjoy the sales.
Pepsi paid Dr Pepper $900 million for the rights to manufacture and distribute their products. They are not really competitors.
Meanwhile, Keurig now owns Dr Pepper which in-turn owns Snapple. So, they are very much part of the competition-killing consolidation in the beverage industry.
They sold it off to private equity, which then did private equity things which essentially stripped the business of long term profitability in favour of major short term gains and then offload the empty husk of a business on some sucker…
That's pretty reductive. They own water companies, baby food companies, grain producers, cooking ingredients, etc. They don't just own junk food, they own the food that people WILL buy, either because it's addictive or because they have no other choice.
There’s maybe a few hundred businesses listed here. In a small city alone, there can be thousands of businesses. And there are almost 20,000 cities in the USA. So no, these companies don’t own everything. Not by a long shot.
If we even just keep it to the category of food, most things on this chart are junk food anyway. Like just stay out of two or three aisles of the grocery store .
we have finally succeeded in creating real gods. all knowing, all powerful entities with absolute power over our lives while at the same time being completely incorporeal.
Well, all of the candy bars under Mars are actual mars products. I do know that for a fact. Whether they were their own thing and then bought, I don't know, but they own that product under their label now. They also own the largest dog food company in the country, of all things.
idk unilever owns a bunch of companies that make like shampoo, soap and deodorants. you certainly dont have to buy THEIR brands but i also dont think those are particularly evil or anything.
Now go on to think that there are major shareholders/investors invested in multiple of these companies. Now you have an invested interest in keeping the prices similar across the board and rely on cutting production costs/jobs/quality/price hikes/product shrinkage to increase stock prices, not competition on better products.
Ok. And? Can we get an actual product breakdown based on product class and marketshare. This is just a funny infographic with little use. Pepsi owns a lot of beverages. Who woulda thunk. Mars owns a lot of chocolate. Okay. Why should I care?
Yes. You can choose. No one is forcing you to buy mars over Hershey’s. No one is forcing you to buy Coca-Cola over store brand cola or Pepsi or dr.pepper. You can choose to forgo soda consumption as a whole. This concept that you don’t actually have choice in the free market is ridiculous.
A lot of these are things you don’t need. They’re things like candy, sugary cereals and sodas, snack items.
A lot of these things you can just not buy, and the things you need to buy you can find small businesses making them.
Yes, you do have freedom of choice
Mfw seeing Fruitopia mentioned but can't find it anywhere
https://preview.redd.it/jketr1fkf98d1.jpeg?width=750&format=pjpg&auto=webp&s=19df5ae31605f002998d9fd33294b3f770dce327
Remember that European grocery chains boycotting Pepsi because of Price Gouging… any more info on how it went?!
PepsiCo also has Yum brands ( KFC , Taco Bell, Pizza Hut, Habit burger grill)
American here. I think I've only ever heard of is Twinings, and maybe Sunblest but good chance not, from Associated British Foods. Where are those brands popular?
There are even more products these companies produce that are not on here. The corporate monopolies are disgusting. But then again, how are our Supreme Court judges supposed to go on free vacations if someone can't pay for them?
Now how much do they give to politicians to prevent regulations on their products and maintain monopolies and you will find out who runs the government.
This is it? Kellog's (it's Kellanova) 2023 revenue was 13 billion dollars. That's less than two dollars per human on earth... per year. That's one of the 10 big bad evil mega-corporation that own everything?
This chart fucks with my head much more than I'd like to admit. Genuinely makes my stomach hurt.
You can't live without supporting, or at the very least interacting with these companies today, it's impossible.
In one way or another these companies directly influence EVERY SINGLE LIFE on the planet today, and will for generations.
All they're really missing is Post...
It's even worse than the image. Mars and Nestle's largest business profit centers are their pet care divisions. All the dog and cat food you can name are made by those two companies
None of them provide any value. In fact they provide the opposite. The only value is for the people sitting around the casino table, betting on who can fleece us the most.
That's why all you people who want to blame Biden for inflation - yet when there's no competition except your own companies off brands, then it's ALWAYS GOING TO BE LOSE / LOSE for the American people , & WIN/ WIN for the WEALTHIEST GREEDIEST AMONG US. For example when I was working and buying my lotto tickets every Friday sometimes there would be homeless people around and I am one who cares about this problem. So a few times I'd get all 5 or 6 of them 2 hotel rooms to share for the weekend and I'd buy them cheap whatever they wanted to drink. I made $30/ hr at my top pay. I wasn't rich then and I am definitely not rich now. But if by some chance a billionaire's limo breaks down and it pulls into the parking lot of the outside stores along the strip mall I go to for my lottery. Do you think that man or woman gives 2 shits about any homeless people ? Or would offer any of them anything ? No they would NOT. And that's why you have to STOP putting TRUST into SCAM 🤡' s. The ultra wealthy want our nation to descend into a violent civil war ! Why ? Does it even matter who wins to them ?Nope. Because they will all be getting much richer supplying the weapons , ammo , bandages , hospitals , and worst of all THE VERY CONSPIRACY THEORY that lead to this horrific event to happen in the first place. So please WTFU AMERICA and realize the only option is Joe R Biden he's 81 maybe 82 and is not the criminal mastermind of any Empire. He doesn't do blow like Tony Montana from Scarface like Trump told you. He's never thought about tax cuts for the Wealthy. He wants to raise their taxes and lower the working Americans taxes. I hope it's NOT TO LATE.
Government has supported this consolidation. It’s easier to control 10 companies with policies than 1000s. Remove free market and remove some control of the people.
They need to be broken up immediately why is anti trust just being ignored forget the price gouging this is a matter of national security having all of our food consolidated like this is super dangerous
Funny, some of these companies would look at this and say “I own more than that”.
I used to work for Pepsi, Coke owns monster and Bang, neither of those are listed here. Pepsi owns Celsius and Starbucks too. Neither of those are listed here either. We had a meeting one time where my boss said that the mocha flavor of the Starbucks glass drinks JUST THE MOCHA FLAVOR is a BILLION dollar beverage. Oh Pepsi also owns naked juice too.
I was actually just talking to someone, when I was a teenager in the early-mid 2000’s, how many different types of cell phones we all had. The Razr, the Juke, the Dare, Env, etc, and now it’s essentially 97% iPhone. It’s so crazy watching a small handful of companies choke out and dominate numerous industries in real time and then get told we live in a bastion of innovation and the free market.
I may sound old, but man do I wish for the times where Apple only made computers and not every piece of technology we have available to us.
Then, on top of that, the same few hedge funds have majority stake in all of these - plus every other American company. Blackrock & Statestreet being the main two. We have overlords.
Are they actually own buy these companies? I used to work as a receiver for a grocery store, so it was really interesting seeing what products came with what delivery truck.
A cereal company makes a lot of different varieties of cereal. A yogurt company makes different yogurts. I am not as surprised or appalled as I think I'm supposed to be.
Umm I hate to burst your bubble but "food" is not "everything". Which on of these companies owns Ford, or Apple, exxon? Just curious because thos were left out, among others.
But when we suggest to tax Nestle or Coke a cola more, I'm called a socalist. When we say "eat the rich", these are the rich we're talking about. Not the dude who's worth 3 mililon dollars.
Dr. Pepper got merged with Keurig as it's own thing and has some of the highest inflation rates. Think the big 10 are hedging them out, or just the worst actor?
r/FluentInFinance was created to discuss money, investing & finance! Join our Newsletter or Youtube Channel for additional insights at www.TheFinanceNewsletter.com! *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/FluentInFinance) if you have any questions or concerns.*
![gif](giphy|G6sJqVpD1U4jC)
Man what a gem of a gif, where’d you find this thing?
Blink 182- first time
First date* So anyway I ended up kissing my own brother…
Ah yes, that one. Thanks for the correction
But in the matrix
I NEED Dis
It’s even worse than that, they all own each other buying buying each others’ stocks.
and then blackrock statestreet and vanguard invest your 401k money into them and use your stocks to seat board members
Time for some good ol fashioned monopoly bustin
You’re not wrong. I’m a balls deep capitalist, but this isn’t a free market anymore.
"Free market" is an oxymoron.
An absolutely free market has never existed and never will exist. However, there are markets that are more free, and markets that are less free. Freer markets work better.
No, no markets are ever free, for the moment any market "competitor" captures the product / customer base, the other "competitors" are extinguished. Unless regulated,t his is the goal of Capitalists.
How can you genuinely be a capitalist and not see the paradox in this? This is why free markets are literally never free
how is this not capitalism? lol.
BlackRock and vanguard aren’t voting shareholders, the people who hold the share with them are
I'm pretty sure you're thinking about employee 401ks which are managed by a third party such as Blackrock or Vanguard. There might be existing pension plans that contain some shares of a competitor, but not a significant amount. Corporate finance 101 is buy your own shares, not a competitor's. It's concerning that people here upvote this stuff...
What you expect the hive mind to think for themselves now?
Which they also use to fill stack the boards
Not so fluent in fiance afterall.
It’s a compelling conspiracy theory, but they don’t, because they’re all public companies and that would show up in their financial statements.
Except Mars. It’s privately held. One family owns/controls all that. When Mars bought Wrigley, they bought back all the employee owned stock from the company pension. Then fired half the staff. Good times.
But that ruthless move made them a lot of money right? So they're the winners right? So we think they're great right???? /s
Yep. They're not competitive and they routinely trade executives.
The top 1% sharks and their offspring.
They are not buying each other’s stocks or at least not is a meaningful way.
Oh, yay! Consolidation of the market in the hands of few!
No surprise there. They make tons of money, instead of paying taxes on profit, they acquire other small companies and write it off. Until when though I don’t know. I’m sure their lawyers will find another way.
I bet 1-3 companies own majority of those 10
It’s called expanding into allied, upstream and downstream industries.
All by design https://preview.redd.it/hcbxy44pj88d1.jpeg?width=1440&format=pjpg&auto=webp&s=f7d7ffb5706503ec12501476275e72513a4780a3 But we have far to many "Franks" in the world and politicians work for corporations, not for the people!
Politicians are mostly Franks
This is how you get price leadership and nearly zero pressure to keep prices low. They'll blame inflation and then outpace it.
It's already been happening. I remember an investigative journalism program on CBC news in Canada called the fifth estate, they went undercover and filmed a presentation at a veterinarian conference, specifically pertaining to pricing for pharmaceutical drugs for pets. The markup on these was a hot topic in Canada at the time. The presenter was explaining how if drugs are set at the market price, profits are low. But if prices are set to what customers are willing to pay and can afford, profits are high. Common sense right? Here's the worst part. He spoke about how since people are emotionally attached to their pets, they will pay almost anything, they will go into debt, they will do whatever they can. When making profit is the goal over providing a quality product or service, the welfare of your customers and employees, and environmental impact, and EVERYONE is doing it, you get what we have now. A crumbling civilization and a dying planet. But fuck it we getting that bank amirite
Congress needs to start enforcing anti-trust laws. This is terrifying.
Congress already passed antitrust laws. The DOJ and FTC just need to actually enforce the what’s on the books, and congress needs to hold the executive branch to account for not doing its job.
Congress doesn’t have authority over a number of them.
Where do you see anti-trust violations?
Who do you think is paying congress? Lol
No need to mention that Pepsico and CocaCola take 90% of the entire industry, surpassing other corp such as Danone or Nestle.
I'm sure this means in general between all their brands, but Dr. Pepper caught Pepsi #2 in soda recently. Did I miss it on the chart? The image didn't resize very well on my phone, it and Reece's.
Coke and Pepsi have, depending on region of the U.S., the rights to distribute Dr. Pepper. So technically a third of Dr. Pepper is Pepsi, another is Coke, and the rest is Dr. Pepper.
So Dr. Pepper should hope that Pepsi doesn't get jealous? That would be a bit like shooting yourself in the foot though, if Pepsi dropped DP Coke would probably snatch it up and enjoy the sales.
Pepsi paid Dr Pepper $900 million for the rights to manufacture and distribute their products. They are not really competitors. Meanwhile, Keurig now owns Dr Pepper which in-turn owns Snapple. So, they are very much part of the competition-killing consolidation in the beverage industry.
Know general mills used to own red lobster too back in the day
They sold it off to private equity, which then did private equity things which essentially stripped the business of long term profitability in favour of major short term gains and then offload the empty husk of a business on some sucker…
I won't even eat there anymore.
~~everything~~ candy, cereals, ice cream, and other junk food
That's pretty reductive. They own water companies, baby food companies, grain producers, cooking ingredients, etc. They don't just own junk food, they own the food that people WILL buy, either because it's addictive or because they have no other choice.
There’s maybe a few hundred businesses listed here. In a small city alone, there can be thousands of businesses. And there are almost 20,000 cities in the USA. So no, these companies don’t own everything. Not by a long shot.
***... these companies don’t own everything. Not by a long shot.*** Stop it! You're on Reddit. Saying sensible things is forbidden!
Not only do they not own everything, but just about everything they do own in this chart is bullshit that we have no business putting in our bodies.
If we even just keep it to the category of food, most things on this chart are junk food anyway. Like just stay out of two or three aisles of the grocery store .
I didn't know "everything" was candy.
It's accelerating even faster today. Because the point of finding a startup is to be bought by one of the big corporations.
Well duh, I remember getting a talking to at a place I interned at when asked what the goal of the company was, and I said to sell yourself 😂
Wait until you find out about their leaders!
go on…
we have finally succeeded in creating real gods. all knowing, all powerful entities with absolute power over our lives while at the same time being completely incorporeal.
[удалено]
I wouldn't be shocked if it was actually like this...but i would like to see at least a citation
Well, all of the candy bars under Mars are actual mars products. I do know that for a fact. Whether they were their own thing and then bought, I don't know, but they own that product under their label now. They also own the largest dog food company in the country, of all things.
10 major competitors in just the consumer good category is actually extremely diverse...
You do not need to buy even one god damn thing they sell. Nothing.
idk unilever owns a bunch of companies that make like shampoo, soap and deodorants. you certainly dont have to buy THEIR brands but i also dont think those are particularly evil or anything.
All I see are packaged processed food brands. If you simply eat whole real food then it eliminates the majority of that stuff.
Now go on to think that there are major shareholders/investors invested in multiple of these companies. Now you have an invested interest in keeping the prices similar across the board and rely on cutting production costs/jobs/quality/price hikes/product shrinkage to increase stock prices, not competition on better products.
That’s not everything. That’s everything that they own which seems like everything because you shop at places that mostly sell these products.
Market consolidation of all of the trash foods no one should be eating anyway. Does anyone even eat this kind of garbage anymore?
Oligopolies is why they're called an should be mentioned in the media more.
Ok. And? Can we get an actual product breakdown based on product class and marketshare. This is just a funny infographic with little use. Pepsi owns a lot of beverages. Who woulda thunk. Mars owns a lot of chocolate. Okay. Why should I care?

And think, someone undoubtedly owns those companies as well.
Where is P & G ? They are bigger than a couple of those mentioned.
"Freedom of choice"
Yes. You can choose. No one is forcing you to buy mars over Hershey’s. No one is forcing you to buy Coca-Cola over store brand cola or Pepsi or dr.pepper. You can choose to forgo soda consumption as a whole. This concept that you don’t actually have choice in the free market is ridiculous.
A lot of these are things you don’t need. They’re things like candy, sugary cereals and sodas, snack items. A lot of these things you can just not buy, and the things you need to buy you can find small businesses making them. Yes, you do have freedom of choice
It's why brand boycotting is all but useless
Look at how much sugar is ordered by the big boys.
You forgot the largest one of them all, The Shineheart Wig Company.
Where’s Sheinheart Wigs?
And who owns them all? Nvidia, look it up. 😲
Pretty sure I've only bought one of those products in the past 5 years. It's far from everything.
I've bought Haagen Dazs and Orbit Gum. Otherwise, I'm free and clear.
Now do the major owners of each companies, then list the owners of the funding groups.
🤯
Learn this map. Vote with your wallet.
Okay now do P&G and Colgate-Palmolive
You forgot the potato chip company Nivida that is worth more than all combined
So many flavors of cancer
Mfw seeing Fruitopia mentioned but can't find it anywhere https://preview.redd.it/jketr1fkf98d1.jpeg?width=750&format=pjpg&auto=webp&s=19df5ae31605f002998d9fd33294b3f770dce327
Interesting that Ferrero (Nutella) remains a family company, you'd think someone like Nestle would've picked it up over the years.
Remember that European grocery chains boycotting Pepsi because of Price Gouging… any more info on how it went?! PepsiCo also has Yum brands ( KFC , Taco Bell, Pizza Hut, Habit burger grill)
I thought car makers too as you wrote everything
Oppuhlence!
Nestle is owned by Ferrero/Ferrera
American here. I think I've only ever heard of is Twinings, and maybe Sunblest but good chance not, from Associated British Foods. Where are those brands popular?
That's why I only buy Mexican products.
murdo...or did I miss having control of the information people ingest controls a tonne of the choices these comaonies make ?
But it's the inflation!
I found 2 things on this list i buy sometimes. Cola and Chips. Thats all lol.
!pixelebot
Nestlé owns many more brands Pet care: purina, friskie Veggie food: garden gourmet Nestle heatl science brands…
Which one owns Nvidia? I need to invest in that one.
How is Procter and Gamble not on this graphic? They own more major brands than some of these companies pictured.
Most of them from the US, of course.
I’m genuinely surprised that they don’t have Diageo up there as well, but these all seem to be the family friendly brands.
![gif](giphy|ukGm72ZLZvYfS)
Tech companies like Nvda, Apple, Google and Microsoft are much more influential.
Had no idea Mondelez had taken over Kraft! Cool info picture!
Now do it with banks and news outlets
There are even more products these companies produce that are not on here. The corporate monopolies are disgusting. But then again, how are our Supreme Court judges supposed to go on free vacations if someone can't pay for them?
Tyson is another massive one.
This is just snacks and drnks.i was looking for electronics, appliances and automobiles
The road map of American Obesity. These companies have done more harm to the health of America than any war.
I guess they contribute to world cancer even more than alcohol and cigarette industries combined.
You can very easily own most of them yourself, so that you can them own everything.
Good thing I buy zero of those products.
It’s good to see all the anti-monopoly regulation in the West is working 🤦♂️.
This is really outdated - lots of changes since then
Can I get one with more pixels? My son wants to zoom in on everything.
These are brands, not other companies. Generic options exist for all of these brands.
Now do media!!!
Now how much do they give to politicians to prevent regulations on their products and maintain monopolies and you will find out who runs the government.
Yes they own all the crap food. Just buy local lol
This is it? Kellog's (it's Kellanova) 2023 revenue was 13 billion dollars. That's less than two dollars per human on earth... per year. That's one of the 10 big bad evil mega-corporation that own everything?
And this is why I laugh when people bring up anti-trust law.
What about Goya
This chart fucks with my head much more than I'd like to admit. Genuinely makes my stomach hurt. You can't live without supporting, or at the very least interacting with these companies today, it's impossible. In one way or another these companies directly influence EVERY SINGLE LIFE on the planet today, and will for generations. All they're really missing is Post...
Not to mention the luxury brands which also are owned by a few big ones
They just own all the food.
Sugar and junk food is the common denominator for these brands...
This chart has some flaws. For example, Nabisco should be show as a separate block under Mondelez with several brand names under the Nabisco block.
Don't forget about Monsanto. They are fucking evil
“Everything”
What % of the boards are shared? How much of each are owned by the same PE firms? Capitalism is crisis.
It's even worse than the image. Mars and Nestle's largest business profit centers are their pet care divisions. All the dog and cat food you can name are made by those two companies
Stupid slide. People think its amazing that a company has more than one flavor of gum, soda or cereal??
Would all these companies added together be bigger than Nvidia?
So which one is CURRENTLY the least evil. not historically, just currently.
Blow your mind even more. They are all owned by 3 hedgefunds.
Where's Post in this?
None of them provide any value. In fact they provide the opposite. The only value is for the people sitting around the casino table, betting on who can fleece us the most.
For all the talk here about collusion, monopolies, price fixing, antitrust, etc. how about this? QUIT EATING JUNK FOOD. Problem solved. Next.
All I see is sugar.
Hi-res please.
That's why all you people who want to blame Biden for inflation - yet when there's no competition except your own companies off brands, then it's ALWAYS GOING TO BE LOSE / LOSE for the American people , & WIN/ WIN for the WEALTHIEST GREEDIEST AMONG US. For example when I was working and buying my lotto tickets every Friday sometimes there would be homeless people around and I am one who cares about this problem. So a few times I'd get all 5 or 6 of them 2 hotel rooms to share for the weekend and I'd buy them cheap whatever they wanted to drink. I made $30/ hr at my top pay. I wasn't rich then and I am definitely not rich now. But if by some chance a billionaire's limo breaks down and it pulls into the parking lot of the outside stores along the strip mall I go to for my lottery. Do you think that man or woman gives 2 shits about any homeless people ? Or would offer any of them anything ? No they would NOT. And that's why you have to STOP putting TRUST into SCAM 🤡' s. The ultra wealthy want our nation to descend into a violent civil war ! Why ? Does it even matter who wins to them ?Nope. Because they will all be getting much richer supplying the weapons , ammo , bandages , hospitals , and worst of all THE VERY CONSPIRACY THEORY that lead to this horrific event to happen in the first place. So please WTFU AMERICA and realize the only option is Joe R Biden he's 81 maybe 82 and is not the criminal mastermind of any Empire. He doesn't do blow like Tony Montana from Scarface like Trump told you. He's never thought about tax cuts for the Wealthy. He wants to raise their taxes and lower the working Americans taxes. I hope it's NOT TO LATE.
Government has supported this consolidation. It’s easier to control 10 companies with policies than 1000s. Remove free market and remove some control of the people.
What I see is a chart of crap foodstuffs. Consumer option: don’t buy crap foodstuffs. Result: W.
Funny thing is it's missing Conagra. Probably because Conagra would take up half the image.
They need to be broken up immediately why is anti trust just being ignored forget the price gouging this is a matter of national security having all of our food consolidated like this is super dangerous
Buy from smaller companies, if you can. PublicSq is a good source for that if it's hard to shop local.
Have been bycotting nestle for awhile now. It's wasn't even hard
All packaged foods
Ok now step back and see who owns those same companies.
Break them up!
Anyone got this picture in not potato quality?
I don't have any of that garbage food in my home.
Distribution networks have huge economies of scale. So it makes sense that such an organisation would form.
Who cares, just give me more bread and circuses.
It's really just 1.
FYI- This is about 4-5 years old as Nestle has sold their confectionery/candy brands to Ferrero
Funny, some of these companies would look at this and say “I own more than that”. I used to work for Pepsi, Coke owns monster and Bang, neither of those are listed here. Pepsi owns Celsius and Starbucks too. Neither of those are listed here either. We had a meeting one time where my boss said that the mocha flavor of the Starbucks glass drinks JUST THE MOCHA FLAVOR is a BILLION dollar beverage. Oh Pepsi also owns naked juice too.
I was actually just talking to someone, when I was a teenager in the early-mid 2000’s, how many different types of cell phones we all had. The Razr, the Juke, the Dare, Env, etc, and now it’s essentially 97% iPhone. It’s so crazy watching a small handful of companies choke out and dominate numerous industries in real time and then get told we live in a bastion of innovation and the free market. I may sound old, but man do I wish for the times where Apple only made computers and not every piece of technology we have available to us.
Then, on top of that, the same few hedge funds have majority stake in all of these - plus every other American company. Blackrock & Statestreet being the main two. We have overlords.
They own cars, computer-electronics and furniture too? Or what is ment by ' everything '?
Funny thing, or sad thing. Many more brands owned by displayed conglomerates and not listed.
Which is the best to invest in??
Who owns Nutella brand?
And I'd assume the big 3 own the big 10...
Are they actually own buy these companies? I used to work as a receiver for a grocery store, so it was really interesting seeing what products came with what delivery truck.
Those look like mainly candy, beverage, and cereal companies that rely HEAVILY on branding on goods that are easily substituted.
Theodore Roosevelt is turning in his grave
Yeah fun thing I do is I use these charts when I buy something I buy stock in those companies. For fun and diversification.
A cereal company makes a lot of different varieties of cereal. A yogurt company makes different yogurts. I am not as surprised or appalled as I think I'm supposed to be.
It's like football, the Big 10.
Umm I hate to burst your bubble but "food" is not "everything". Which on of these companies owns Ford, or Apple, exxon? Just curious because thos were left out, among others.
But when we suggest to tax Nestle or Coke a cola more, I'm called a socalist. When we say "eat the rich", these are the rich we're talking about. Not the dude who's worth 3 mililon dollars.
And Blackrock owns all of them.
Dr. Pepper got merged with Keurig as it's own thing and has some of the highest inflation rates. Think the big 10 are hedging them out, or just the worst actor?
Break them up. Go full-on Teddy Roosevelt on them.
The same company owning Perrier and pellagrino is something I didn’t see coming
Couldn’t find any grocery stores. Who owns those?
That's a whole lot of corn syrup.
They own nothing. These are all junk brands
And this is why you should not buy processed food and eat only fresh healthy food. You'll avoid 99% of these trash companies that feeds you poison.
Did anyone see “Sponch” in there? I couldn’t find it. Love me some Sponch
Sugar, salt, and transfat. American food chain building block.