Rudy Heimark started hauling beer in the 1930s, driving a lone truck into Indio and later the Mojave Desert to slake the thirst of Army troops training under Gen. George S. Patton. From that modest, dusty beginning, Heimark and his family built a monument to American entrepreneurial spirit.On Oct. 2, its 80,000-square-foot warehouse in Santa Fe Springs, a fleet of 35 semi-trucks and1,800 customers will be swallowed up by Anheuser-Busch, the world’s largest brewery.
all across the U.S. economy are now dominated by a handful of companies. The global pandemic and resulting recession are hastening that change: Hard times favor large firms with deep pockets.Recently, politicians in Washington, and even more in Europe, have been fretting that tech giants such as Apple, Facebook, Google and Amazon have amassed enormous wealth and market power, in part thanks to their huge repository of data on consumers.
“Lax enforcement of hundreds of transactions over time has resulted in ‘creeping’ concentration in many markets, resulting in tight oligopolies and dominant firms,” the nonprofit group American Antitrust Institute said in anThe situation has only gotten worse in the last 3½ years of the Trump administration as merger and cartel enforcement actions have declined, said Diana Moss, president of the group, an advocate for stronger enforcement.
Patrons relax at Huntington Beach Beer Co. Lost business at bars and restaurants amid the pandemic has in turn hurt suppliers and distributors, leaving them vulnerable to closures or takeovers. The middlemen, she added, “were going after the big corporate companies for the larger distribution orders, and it meant that small businesses, who had long-term contracts with distributors, were on an uneven playing field.”
Not really sure why anyone is attributing this particular problem to Trump’s presidency... are you all asleep unless Trump does something weird? This has been happening for years and it’s got bipartisan support. Trump being gone is only step 1 of undoing the bullshit.
As much as I admire nostalgic photographs and old cars, is Triangle Distribution still using those vintage vehicles?
That's cool. Democrat cities are destroying small businesses with unnecessarily strict lockdowns, and allowing radical left terrorists burn down the ones that remain. So excuse me, if I dont care about this as much.
A seemingly never-ending global pandemic conveniently seems to have afforded many with the opportunity to do so. Constitutional right to start/run/profit from a business so...
Hey stupid... its been hapenning for hundreds of years. But now your the expert and are sharing your most recent 'discovery' right. Duhhhhhh.
So sad, I hope the government can do something to protect the small scale businesses and give them a chance to grow on their own and not being taken away by large corporations just to grow. 😰😰😰
😰😰😰😰
Its only been happening forever
It is called vertical take over (merger) not necessarily bad for economy but small businesses will have less freedom in their management
Still struggling with becoming A Profitable Forex trader? I can help you out,Make $3000 in just 3 days,No need to pay for Signals,Learn how to invest and generate income all by yourself.Become a successful forex trader today📊💰.DM for more info Markharrisfx
Pretty soon, everything on the market will be controlled by a select few large corporations. Greed breed mean deeds.
It's going to accelerate the problems that led to Trumpism. Income inequality, job loss... We desperately need some grown-ups to take over and help to restore the economy for those who are struggling. BidenHarris2020 DrainTheTrumpSwamp