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InvisibleSkorpivoMusterion
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One of the best monopolies, ever..
    #4700763 - 09/23/05 03:41 PM (12 years, 8 months ago)



They 0wn the spice & herbs industry. They run the whole damn show, and right underneath the nose of Uncle Sam.

I couldn't think of a better product to monopolize and get away with it. :strokebeard:




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Coffee should be black as hell, strong as death, and sweet as love.


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InvisibleAliceDee
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Re: One of the best monopolies, ever.. [Re: SkorpivoMusterion]
    #4700879 - 09/23/05 04:09 PM (12 years, 8 months ago)

its not really a monopoly yet... the prices arent that high for those products...


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Invisiblespud
I'm so fly.

Registered: 10/07/02
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Re: One of the best monopolies, ever.. [Re: AliceDee]
    #4700924 - 09/23/05 04:18 PM (12 years, 8 months ago)

Quote:

AliceDee said:
its not really a monopoly yet... the prices arent that high for those products...




A monopoly isn't determined by it's prices, genius. A monopoly is simply exclusive possession or control of an aspect of market. It has NOTHING to do with prices.


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OfflineDimmy
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Re: One of the best monopolies, ever.. [Re: AliceDee]
    #4700929 - 09/23/05 04:19 PM (12 years, 8 months ago)

not a monopoly. there are alot of other spice and seasoning producers, mcCormick is just way bigger than the others...


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InvisibleMycoCakeEater
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Registered: 06/16/03
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Re: One of the best monopolies, ever.. [Re: Dimmy]
    #4700949 - 09/23/05 04:25 PM (12 years, 8 months ago)

I guess its an oligopoly (3 main companies).


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Offlinephi1618
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Re: One of the best monopolies, ever.. [Re: Dimmy]
    #4700953 - 09/23/05 04:25 PM (12 years, 8 months ago)

Spice Islands seems pretty prevalent. Though, for all I know, they buy their spices from McCormicks (I don't know).


As far as prices: they don't seem all that high 'till you go to the Indian grocer and buy a lifetime supply of cloves (not that their shelf life is that long) for less than a puny bottle from the supermarket.


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Invisiblespud
I'm so fly.

Registered: 10/07/02
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Re: One of the best monopolies, ever.. [Re: phi1618]
    #4700968 - 09/23/05 04:28 PM (12 years, 8 months ago)

Quote:

phi1618 said:


As far as prices: they don't seem all that high 'till you go to the Indian grocer and buy a lifetime supply of cloves (not that their shelf life is that long) for less than a puny bottle from the supermarket.




Hah, so true.


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InvisibleCowgold
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Re: One of the best monopolies, ever.. [Re: SkorpivoMusterion]
    #4701037 - 09/23/05 04:43 PM (12 years, 8 months ago)

http://en.wikipedia.org/wiki/Spice_trade

Very interesting article. Check it out if you get a chance.

The spice trade has been of major economic importance throughout human history and it particularly helped spur the Age of Exploration. The word spice derives from the Latin 'species', which in its later history came to mean goods or products, often of small volume and high value [1]. Spices brought to Europe from distant lands were some of the most valuable commodities for their weight, sometimes rivaling gold.

Trade in the East Indies was dominated by Portugal in the 16th century, the Netherlands in the 17th century, and the British in the 18th century.


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Invisiblerammbler
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Registered: 05/17/05
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Re: One of the best monopolies, ever.. [Re: SkorpivoMusterion]
    #4701049 - 09/23/05 04:47 PM (12 years, 8 months ago)

I have worked in a few major restaraunts in my day and none of them use mcormick spices outback uses durkee seasonings and i think that applebees uses flav-o-rite. the only place that i have seen mcormick is in the stores


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"Fuck'em if they can't take a joke" BOB


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Invisiblebuckwheat
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Registered: 12/09/02
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Re: One of the best monopolies, ever.. [Re: SkorpivoMusterion]
    #4701067 - 09/23/05 04:54 PM (12 years, 8 months ago)

Ive always dreamed of owning sugar it would be sweet


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InvisibleCowgold
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Re: One of the best monopolies, ever.. [Re: rammbler]
    #4701069 - 09/23/05 04:54 PM (12 years, 8 months ago)

I bet they're owned by the same parent company. It's just a guess though. McCormick probably doesn't sell it's spices to any franchised restaraunt.


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