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The obesity epidemic is out of control.There are almost 2 billion overweight individuals in the world.How does an unregulated market relate to the rise of obesity?It seems paradoxical, but unfettered market competition tends to degenerate into market oligopolies. This is essentially what happened in the food and agricultural sectors beginning in the 1980s, at the beginning of the so-called "deregulation revolution". Deregulation went global and ultra-processed products crossed borders one after another.Large food corporations became very active politically and lobbied against regulations designed to safeguard public health and protect small farms.Perhaps the most important reform is the adoption of anti-trust laws to reduce market concentration in the food and agricultural sectors.Obesity is an example of market failure.
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