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| | Oligopoly Watch |
 | | As the authors, USDA economists, observe, "Traditional dairy companies that manufactured and sold a full line of dairy products (fluid milk, ice cream, cream, cheese, butter, and canned milk) have disappeared from the scene." Many of these local enterprises were bought out by institutional investors and conglomerates. |
 | | As a result, the diary industry has developed into a set of concentrated companies with clear "core competencies," and that may mean specializing in one set of products only (cheese, yogurt, ice cream) or in dominating specific markets. |
 | | The dairy cooperatives tend to be more dominant in the fresh milk and butter area, the proprietary companies in branded cheeses and cultured products (yogurt). |
| www.oligopolywatch.com /2003/10/26.html (982 words) |
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