4. Fixed Prices Of Lysine
The 1990s was a dark time for the up-and-coming business world, especially for the Archer-Daniels-Midland Corporation. They were a highly successful international agricultural processing company with a significantly high net worth. Because of their high position in the industrial world, it was shocking when they pleaded guilty to fixing the price of lysine to boost profit.[7] Lysine is an additive used in animal feed, which was a high market for the agricultural industry. The corporation leaders faced fines and jail time as their sentencing.
It’s instances like these make people question how much of our daily lives are altered by big corporations. The Informant! was a movie that based its plot off of this scandal and generated a lot of talk about the power dynamic between industry and consumers.