"Unbridled Concentration of the Meatpacking Sector"
Global giant JBS claims to control 25% of the beef trade internationally, and they continue to expand. Clearly economies of scale and vertical integration both help the $40 billion Brazilian producer and processor. They purchased Swift and Pilgrim's Pride, two American companies, and look to continue to expand worldwide as demand for meat grows on the backs of growing economies in China, India, Brazil, and elsewhere. Looks like the face of the meat industry to come.