Why did Dean Foods go Bankrupt? A Porter Model Analysis reveals the truth.

In November 2019, during an economic expansion, Dean Foods declared bankruptcy. The nation’s largest dairy company, with the number one white and chocolate milk brand, could not make money. In January 2020, Borden Dairy followed suit. Most post-mortems dealt with the fact that both companies produced dairy — a product that fewer and fewer people… Continue reading

Fair Trade: The arcane reason small retailers can’t compete with chains

If you want to understand why small retailers struggle in modern America, you need to understand one thing: fair trade laws. Today, fair trade is typically presented in the context of international trade. Essentially, a regulation that allows producers in the developing world to compete with large multinational conglomerates who have massive scale and purchasing… Continue reading

Yelp, Antitrust, and Google

Google, Amazon, and Facebook are modern-day railroads. The technology companies are three of the few organizations that own and control our modern infrastructure. Connor Dougherty published a nice look at how Google’s monopolist position impacts the businesses that rely on the infrastructure it owns. Like farmers and railroads before, web service providers like Yelp are effectively… Continue reading