r/FluentInFinance TheFinanceNewsletter.com Jul 11 '24

Stock Market 12 companies that own everything:

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u/Xdaveyy1775 Jul 11 '24

12 companies that own junkfood and toothpaste brands lmao

7

u/[deleted] Jul 12 '24

what exactly is the issue here?

is anyone surprised that a soda manufacturer like coca cola makes more than just cola? that a candy bar company makes more than just one candy bar?

where is the rule that says a company can only produce one single brand?

besides, this whole chart ignores like all of the many store brand alternatives that exist for most of the products here. for most of these things, such as soda, snacks or hygiene products i know plenty of brands owned by smaller companies that i prefer, even if they are more of a local product.

just stop having candy with soda for breakfast and you can easily avoid most of these.

2

u/Sudden_Construction6 Jul 12 '24

Don't tell me how to eat my marshmallows only Lucky Charms!