Case Study
Price-Fixing in the U.S. Broiler Chicken and Pork Industries
Yuliya V. Bolotova
Iowa State University
JEL Codes: L1, L2, L4, L66, Q13
Keywords: Broilers, oligopoly, pork, price-fixing, Sherman Act
Publish Date: May 26, 2022
Volume 4, Issue 4
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Abstract
The motivations for this case study are recent developments in the U.S. broiler chicken and pork industries involving implementation of agricultural supply control practices by the largest broiler and pork processors in the United States. Buyers of broilers and pork filed antitrust lawsuits alleging that by implementing these supply control practices broiler and pork processors engaged in unlawful price-fixing conspiracies. The case study introduces economic, business, and legal issues related to implementation of supply control practices in the U.S. broiler chicken and pork industries. The case study presents economic models that help explain the conduct and performance of these industries in the analyzed setting, and it includes a basic market and price analysis. The intended audiences are undergraduate and graduate students, as well as extension and outreach communities. The teaching note includes multiple-choice questions and suggested answers to analytical, discussion, and multiple-choice questions. The teaching note also discusses teaching objectives, teaching strategies, and student background knowledge.
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Joshua J. Lewer, Colin Corbett, Tanya M. Marcum, and Jannett Highfill
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Coordinating Environmental and Trade Policy to Protect the Environment: A Pedagogical Approach
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Economic Dynamics in the Beef Food Supply Chain under Pandemic Conditions
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The Empathetic Course Design Perspective
Donald A. Saucier, Tucker L. Jones, Ashley A. Schiffer, and Noah D. Renken