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Price-Fixing in the U.S. Broiler Chicken and Pork Industries

Author

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  • Bolotova, Yuliya V.

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 pricefixing 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.

Suggested Citation

  • Bolotova, Yuliya V., 2022. "Price-Fixing in the U.S. Broiler Chicken and Pork Industries," Applied Economics Teaching Resources (AETR), Agricultural and Applied Economics Association, vol. 4(4), September.
    • Handle: RePEc:ags:aaeatr:324808
    DOI: 10.22004/ag.econ.324808
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    File URL: https://ageconsearch.umn.edu/record/324808/files/AETR_2021_014V4I4_v3.pdf
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    References listed on IDEAS

    as
    1. MacDonald, James M., 2008. "The Economic Organization of U.S. Broiler Production," Economic Information Bulletin 58627, United States Department of Agriculture, Economic Research Service.
    2. Scott M. Swinton & Laura L. Martin, 1997. "A Contract on Hogs: A Decision Case," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 19(1), pages 207-218.
    3. Bolotova, Yuliya V., 2019. "Teaching Competition Topics: Applications of Seller Market Power in Agricultural Industries," Applied Economics Teaching Resources (AETR), Agricultural and Applied Economics Association, vol. 1(2), December.
    4. Dohlman, Erik & Foreman, Linda F. & Da Pra, Michelle, 2009. "The Post-Buyout Experience: Peanut and Tobacco Sectors Adapt to Policy Reform," Economic Information Bulletin 56628, United States Department of Agriculture, Economic Research Service.
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. Bolotova, Yuliya V., 2024. "Production Contracts and Buyer Market Power in the U.S. Broiler Chicken Industry," 2024 Annual Meeting, July 28-30, New Orleans, LA 344127, Agricultural and Applied Economics Association.

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