Big Food vs. the People(lighthousereports.com) |
Big Food vs. the People(lighthousereports.com) |
> many of them were against the country’s labelling regulation. Quinto Elemento Lab reveals the companies’ arguments: that the laws were a violation of their constitutional rights
But the article doesn't say what those rights are, which makes me think the lawsuits were just
In this case, lighthouse reports is an international NGO which receives on the order of ~1MM in income per year (an extremely common pattern for these NGOs), which was directly given to them by (unspecified) government grants and (unnamed) private donors (can see all this in their openly published annual reports). In exchange for the funding (80.38% of which they paid out to themselves as wages/compensation), they put together and release "reports", "studies", etc., that push the messaging the NGO was created to push.
But if you are suggesting that this NGO is carrying water for some unspecified shadowy group that is pulling the strings, you'll need to provide some backing for that. Who has a nefarious motivation to oppose junk food?
Trial lawyers? Misguided do-gooders? Big Celery?
The cereal boxes in the stores don't have cute cartoon characters on them, and I tried to send somebody a box of chocolates and it got seized by customs.
Candy is labeled like cigarettes.
There is a reason those Italians live so long. Their McDonalds is better than others. It is literally illegal to sell McDonalds foods the way Americans make it.
Can you find true monopolies in the free market, in the last 100 years, that have lasted for at least 20 years, without some kind of government backing/suppression of competitors? I only know of one.
Things only count as monopolies if they have monopoly pricing power; Google is not a monopoly, they cannot even charge 1 cent per search.
In practice, despite economies of scale, large companies age and become bloated, inflexible, etc. So there's typically plenty of room for new companies to compete.
If a monopolist buys all upstarts, then that creates an even stronger incentive to make competing businesses! You don't even have to succeed in the market, you just have to get bought up! The more they buy out, there stronger incentive there will be to enter the market. No one can do this indefinitely- except with some kind of government support- say a regulation that makes it difficult to enter the market.
Money begets money (and power). It doesn't require an economics degree to understand this positive feedback loop.
I would personally categorize it as as subsidized not paid for since the lawyers get nothing if they fail which is a meaningful cost.
None of this is to say I support the current system. Class action lawsuits are now designed to get settlements that save the company targeted millions or more compared to the actual damage agreed to.
And giving the lawyers millions when each litigant is lucky to get $20 is not reasonable.
- “paid for by tax payers who fund the court systems”. The alternative would mean taking away the right of private citizens to sue.
The alternative would not be to take away the right of private citizens to sue. There is, surprisingly enough, quite a chasm between identifying that some parties are taking advantage of a system and completely shutting that system down.