“This ban is a massive win for Texas ranchers, producers, and consumers,” Texas Agriculture Commissioner Sid Miller said in a statement following the bill’s passage. “Texans have a God-given right to know what’s on their plate, and for millions of Texans, it better come from a pasture, not a lab. It’s plain cowboy logic that we must safeguard our real, authentic meat industry from synthetic alternatives.”
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Texas joins Indiana, Mississippi, Montana and Nebraska in enacting new laws this year; Alabama and Florida did so last year. In March, the Oklahoma House approved a similar bill that did not advance out of the Senate this session.
The goal is ALWAYS a more PROFITABLE product, with good marketability potential.
Quality, service, reliability, affordability, etc., are all secondary. It’s nice when they are positive, too, but they can all be compromised for more profit.
Yep.
All that matters is profit.
And they arent gonna leave profit hanging on the vine by pricing their producting below the product they are competing against, even if their hypothetical costs are 90% less.
If cutting profit per sale in half results in 2.5x more sales they will.
Right, which is why if there were more than one company producing lab-grown meat, they would in fact compete against each other.
Of course, anti-monopoly legislation is rarely enforced in the US, but sometimes it is.