World Perspectives

Transatlantic Monopsonists; Ex-Im Battle Continues

Transatlantic Monopsonists The three coalition partners (EPP, S&D, Renew) set to continue running the EU cannot agree on a sustainability agenda since the Greens got trounced in recent elections but they do agree on farmers. Specifically, they agree that farmers do not get “fair” prices for their output from the few, large companies that dominate Europe’s downstream supply chain. Like progressives in the U.S., they see it all as an unfair monopsony demanding policy intervention. Brussels intends to remedy the situation by once again tweaking its Unfair Trade Practices (UTP) directive, and then expanding them as mirror clauses that apply to the EU’s food imports.  UTP’s seek to address some of the wor...

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