Katya Schwenk
👤 PersonAppearances Over Time
Podcast Appearances
There are only four companies that control 97% of this market. And what people say that has led to is price fixing and colluding to keep the prices of your French fries very high.
There are only four companies that control 97% of this market. And what people say that has led to is price fixing and colluding to keep the prices of your French fries very high.
There are only four companies that control 97% of this market. And what people say that has led to is price fixing and colluding to keep the prices of your French fries very high.
Josh Saltzman is the owner of a small sort of divey sports bar in Washington, D.C. called Ivy & Coney. Josh, you know, like many bar owners, he's getting his French fries from food distributors, which are buying them from these frozen potato companies.
Josh Saltzman is the owner of a small sort of divey sports bar in Washington, D.C. called Ivy & Coney. Josh, you know, like many bar owners, he's getting his French fries from food distributors, which are buying them from these frozen potato companies.
Josh Saltzman is the owner of a small sort of divey sports bar in Washington, D.C. called Ivy & Coney. Josh, you know, like many bar owners, he's getting his French fries from food distributors, which are buying them from these frozen potato companies.
And a couple of years ago, Josh gets a notice from this food distributor he works with saying, you know, these, you know, three or four big companies that are selling you your French fries. They're all raising the price of their product and they're all raising them by the same amount, by 12 cents a pound. All effective, like the same week or the same day.
And a couple of years ago, Josh gets a notice from this food distributor he works with saying, you know, these, you know, three or four big companies that are selling you your French fries. They're all raising the price of their product and they're all raising them by the same amount, by 12 cents a pound. All effective, like the same week or the same day.
And a couple of years ago, Josh gets a notice from this food distributor he works with saying, you know, these, you know, three or four big companies that are selling you your French fries. They're all raising the price of their product and they're all raising them by the same amount, by 12 cents a pound. All effective, like the same week or the same day.
And Josh was like, you know, that's really weird. He goes online, he writes a few tweets saying, you know, this looks a lot like price fixing, looks a lot like collusion.
And Josh was like, you know, that's really weird. He goes online, he writes a few tweets saying, you know, this looks a lot like price fixing, looks a lot like collusion.
And Josh was like, you know, that's really weird. He goes online, he writes a few tweets saying, you know, this looks a lot like price fixing, looks a lot like collusion.
In this moment of frustration, he's like, it's happening in this way that looks really a lot like price fixing. I'm going to go online and write some tweets about it. The tweets go viral. And then no one really talks about it for, you know, a couple of years.
In this moment of frustration, he's like, it's happening in this way that looks really a lot like price fixing. I'm going to go online and write some tweets about it. The tweets go viral. And then no one really talks about it for, you know, a couple of years.