"Welcome to the Golden Age of Grocery Shopping"
November 26, 2018
But . . . but in the majority of U.S. metro areas, the four-firm concentration ratio for grocery retailing is in the dangerous oligopoly range. But . . . but we've been warned for 50+ years about how U.S. grocery retailing was going to be dominated by a very small number of firms with the resulting enormous prices and restricted choice.
New York Magazine, how can this be??