Underreported: Tortilla Wars
Thursday, February 01, 2007
The price of tortillas in Mexico recently shot up by more than 50% in some regions. That’s in part because a single company owns 70% of the tortilla and cornmeal market there. And one communications firm owns 94% of landlines in Mexico. Leonard talks to Professor George Grayson, a Mexico expert at the College of William and Mary. And Sara Miller Llana of the Christian Science Monitor joins us from Mexico City to explain big business’s tight grip on the Mexican economy, and why President Calderon may have to take action soon.