Here's a link to a nice little graphic, in the New York Times, illustrating the corruption in the Italian extra virgin olive oil industry -
How true. Maybe a good reason that a recent Consumer Report's evaluation listed the Spanish olive oil superior to Italian. Just another example of how the free market is not self correcting.
George, I saw that item in the NY Times and it explained why I seem to be able to buy 1 litre bottles of Extra Virgin olive oil for $4.99 lately. Penny dropped.
Our host at an agriturismo in Tuscany warned us about this a few years ago. He makes his own oil and was telling us about the problems in the industry. My husband just read a great book on this issue - http://www.amazon.com/Extra-Virginity-Sublime-Scandalous-World/dp/0393343618. I'm glad this situation is getting some press coverage.
That's a great graphic George! Wondering if the same is true of balsamic vinegar??