Wednesday 9 October 2024

A Monopoly

Permit me to present today's example of monopoly capitalism. 

Nestlé S.A.

Nestlé — Nespresso — Nescafe — KitKat — Smarties — Nesquik — Stouffer’s — Vittel — Maggi — L’Oreal — Etc.


(Twenty-nine of the top Nestlé brands each have annual sales of over 1 billion CHF (about US$1.1 billion,  A number of corporate acquisitions including Crosse & Blackwell in 1960, Findus in 1963, Libby's in 1971, Rowntree Mackintosh in 1988, Klim in 1998, and Gerber in 2007).


(A study of Canada's depleting fresh water reservoirs is astonishing)