Why Nestle pays next to nothing for Michigan groundwater

To say that Michigan is an ideal state in which to operate a bottled water factory is something of an understatement. Nestle Waters North America, the world's largest bottled water company, shipped the first bottle from its Ice Mountain plant in Stanwood in May 2002. Since then, the company has extracted billions of gallons of groundwater from underneath Michigan and has paid next to nothing for it.
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