The Rise Of Big Potato [View all]
One afternoon in April 2022, Josh Saltzman, the owner of a sports bar in Washington, D.C., opened his inbox to find what looked like a french fry price-fixing conspiracy.
Saltzman had received a notice from his bar’s food distributor that effective April 4, the four major suppliers of frozen potato products, which sell products like french fries and Tater Tots to bars and restaurants around the country, were all hiking their prices in lockstep, each by $0.12 per pound.
For Saltzman, it was hard to believe this was a coincidence. “It was just the most obvious example of collusion I’ve seen in a long time,” he said. “All of them were raising their prices by virtually the exact same amount within a week of each other.”
Frustrated, Saltzman took to the internet. “I was just like, ‘Oh, I’m going to fire off a tweet about Big Potato,’” he said. “Then it somehow took on a life of its own.”
https://www.levernews.com/the-rise-of-big-potato/
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