MARKET POWER AND GROWING INEQUALITIES ON FOOD MARKETS (Trzni moc a rostouci nerovnosti na trzich potravin)
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In the globalized world, multinational corporations deepen the market power imbalances in agro-food chains. Markets do not repay the production costs of farm producers. Economic pressures on the growth of harvests and on maximization of returns on investments reduce the sustainability of agricultural lands and their ecosystems. Based on the official monthly statistical data of the Czech Statistical Office in period 1991-2008 and on data from other countries, the paper shows the growing inequalities on food markets, identifies their drivers and puts forward suggestions leading to the re-evaluation of the common agricultural policy (CAP) and to the solution of the financial and economic crisis.
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