Benjamin Luig, coordinator of the food sovereignty program at the Rosa Luxembourg Foundation, explained that the report reveals how “private equity firms—rather than companies’ shareholders—are increasingly driving concentration in the agrifood sector.”

“Since 2004, one investment group, 3G capital, has led or accompanied mergers which have created the world’s largest beer company (AB InBev), the third-largest fast food company (Burger King), and the fifth-largest food processor (Kraft-Heinz),” Luig said. “Massive job cuts and the closing of bottling stations in the beverage industry are part of the plan. We urgently need regulations that limit the grip of the financial sector over the agrifood sector.”

The report celebrates that a “growing number of people are organizing themselves and are changing their buying habits,” but emphasizes “that is not enough to end hunger and poverty or to protect the environment,” noting that “the withdrawal of government from economic intervention is a major cause of the colossal environmental and climate damage and the global injustice that we see today.”

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“It is high time for a socially and politically oriented regulation of the agrifood industry,” the report concludes. “We hope that this atlas will stimulate a broad-based social debate on this vital topic.”

“This report should be a wake-up call for anyone who cares about their food, countryside and rural livelihoods,” said Oliver de Schutter, co-chair of the International Panel of Experts on Sustainable Food Systems (IPES-Food).

“We are seeing an unprecedented surge in mergers and acquisitions in the food and farm sectors that will have major impacts on what we eat and what food we grow in the future,” de Schutter added. “We need an urgent debate and the proactive involvement of regulators to protect the public interest, workers, and the environment.”

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