IDEAS home Printed from https://ideas.repec.org/a/ags/ifaamr/183443.html
   My bibliography  Save this article

Agricultural Supply Management and Antitrust in the United States System of Agribusiness

Author

Listed:
  • Bolotova, Yuliya

Abstract

During the last decade organizations of agricultural producers in the U.S. used a supply management practice, which included some form of production restrictions. The purpose of using it is to control the level of supply in order to ensure a fair level of returns to agricultural producers. A practice of using production restrictions has recently raised a lot of concerns among industry participants, lawyers and antitrust law enforcers in the U.S. The plaintiffs in a number of recent and on-going private antitrust lawsuits allege that agricultural production restrictions violate the Sherman Antitrust Act (1890). The article identifies and analyzes key legal and economic issues relevant to the nature and performance of agricultural supply management programs in the United States.

Suggested Citation

  • Bolotova, Yuliya, 2014. "Agricultural Supply Management and Antitrust in the United States System of Agribusiness," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association, vol. 17(3), pages 1-24, September.
    • Handle: RePEc:ags:ifaamr:183443
    DOI: 10.22004/ag.econ.183443
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/183443/files/201400223.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.183443?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Yuliya Bolotova & John M. Connor & Douglas J. Miller, 2007. "Factors influencing the magnitude of cartel overcharges: An empirical analysis of food-industry cartels," Agribusiness, John Wiley & Sons, Ltd., vol. 23(1), pages 17-33.
    2. Bolotova, Yuliya V., 2009. "Cartel overcharges: An empirical analysis," Journal of Economic Behavior & Organization, Elsevier, vol. 70(1-2), pages 321-341, May.
    3. Manchester, Alden C. & Blayney, Donald P., 2001. "Milk Pricing In The United States," Agricultural Information Bulletins 33612, United States Department of Agriculture, Economic Research Service.
    4. Bolotova, Yuliya & McIntosh, Christopher S. & Muthusamy, Kalamani & Patterson, Paul E., 2008. "The Impact of Coordination of Production and Marketing Strategies on Price Behavior: Evidence from the Idaho Potato Industry," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association, vol. 11(3), pages 1-30, September.
    5. Gale, H. Frederick, Jr., 1990. "Econometric Analysis Of Farmer Participation In The Dairy Termination Program In North Carolina And Virginia," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 22(1), pages 1-9, July.
    6. Yuliya Bolotova & Christopher S. McIntosh & Paul E. Patterson & Kalamani Muthusamy, 2010. "Is stabilization of potato price effective? Empirical evidence from the Idaho Russet Burbank potato market," Agribusiness, John Wiley & Sons, Ltd., vol. 26(2), pages 177-201.
    7. Gale, H. Frederick, 1990. "Econometric Analysis of Farmer Participation in the Dairy Termination Program in North Carolina and Virginia," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 22(1), pages 123-132, July.
    8. Guenthner, Joseph F., 2012. "The Development of United Potato Growers Cooperatives," Journal of Cooperatives, NCERA-210, vol. 26, pages 1-16.
    9. Bruce L. Dixon & Calvin R. Berry & Dwi Susanto, 1991. "Supply Impact of the Milk Diversion and Dairy Termination Programs," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 73(3), pages 633-640.
    10. E. V. Jesse & B. W. Marion & A. C. Manchester & Aaron. C. Johnson, 1982. "Interpreting and Enforcing Section 2 of the Capper-Volstead Act," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 64(3), pages 431-443.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Bolotova, Yuliya V., 2022. "Market Power in the U.S. Dairy Industry," 2022 Annual Meeting, July 31-August 2, Anaheim, California 322754, Agricultural and Applied Economics Association.
    2. Bolotova, Yulia V., 2023. "Market Power in the U.S. Dairy Industry," Applied Economics Teaching Resources (AETR), Agricultural and Applied Economics Association, vol. 5(2), March.
    3. Bolotova, Yuliya, 2018. "Teaching Competition Topics in Undergraduate Courses in Agribusiness Programs: Applications of Seller Market Power," 2018 Annual Meeting, August 5-7, Washington, D.C. 274503, Agricultural and Applied Economics Association.
    4. Bolotova, Yuliya V., 2021. "Market Power in the United States Potato Industry," Applied Economics Teaching Resources (AETR), Agricultural and Applied Economics Association, vol. 3(4), October.
    5. Bolotova, Yuliya, 2022. "Fluid Milk Pricing and Market Power in the U.S. Dairy Industry," 2022 Annual Meeting, July 31-August 2, Anaheim, California 322069, Agricultural and Applied Economics Association.
    6. Bolotova, Yuliya, 2015. "Agricultural Production Restrictions and Market Power: An Antitrust Analysis," 2015 Annual Meeting, January 31-February 3, 2015, Atlanta, Georgia 196848, Southern Agricultural Economics Association.
    7. Bolotova Yuliya V., 2024. "Private Supply Management and Market Power in the U.S. Dairy Industry," Journal of Agricultural & Food Industrial Organization, De Gruyter, vol. 22(1), pages 1-17.
    8. Bolotova, Yuliya, 2020. "The Price Effects of Milk Supply Control in the U.S. Dairy Industry," 2020 Annual Meeting, July 26-28, Kansas City, Missouri 304209, Agricultural and Applied Economics Association.
    9. Yuliya V. Bolotova, 2016. "Agricultural Supply Management and Market Power: Evidence from the U.S. Dairy and Potato Industries," Agribusiness, John Wiley & Sons, Ltd., vol. 32(4), pages 563-568, November.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Bolotova, Yuliya, 2020. "The Price Effects of Milk Supply Control in the U.S. Dairy Industry," 2020 Annual Meeting, July 26-28, Kansas City, Missouri 304209, Agricultural and Applied Economics Association.
    2. Yuliya V. Bolotova, 2016. "Agricultural Supply Management and Market Power: Evidence from the U.S. Dairy and Potato Industries," Agribusiness, John Wiley & Sons, Ltd., vol. 32(4), pages 563-568, November.
    3. Russell L. Lamb, 2002. "A Market-Forces Policy for the New Farm Economy?," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 24(1), pages 15-30.
    4. Bolotova, Yuliya, 2015. "Agricultural Production Restrictions and Market Power: An Antitrust Analysis," 2015 Annual Meeting, January 31-February 3, 2015, Atlanta, Georgia 196848, Southern Agricultural Economics Association.
    5. Paudel, Krishna P. & Gauthier, Wayne M. & Hall, Larry M. & Westra, John V., 2006. "Willingness to Participate in Dairy Programs to Reduce Manure Related Problems in Louisiana's Major Dairy Production Region," 2006 Annual Meeting, February 5-8, 2006, Orlando, Florida 35259, Southern Agricultural Economics Association.
    6. Benson, Geoffrey A., 1992. "North Carolina Dairy Termination Program Participants' Plans," Archive 259721, North Carolina State University, Department of Agricultural and Resource Economics.
    7. Nubern, Chris A. & Purcell, Wayne D., 1997. "Competitiveness of Dairy Producers in a Deregulated Market," Staff Papers 232553, Virginia Polytechnic Institute and State University, Department of Agricultural and Applied Economics.
    8. Bolotova, Yulia V., 2023. "Market Power in the U.S. Dairy Industry," Applied Economics Teaching Resources (AETR), Agricultural and Applied Economics Association, vol. 5(2), March.
    9. Fuller, Kate Binzen & Brester, Gary & Boland, Michael, "undated". "Fries, Bakers, Tots, and Seed: Genetic Engineering and Varietal Selection," 2017 Annual Meeting, July 30-August 1, Chicago, Illinois 261227, Agricultural and Applied Economics Association.
    10. Florian Smuda, 2014. "Cartel Overcharges And The Deterrent Effect Of Eu Competition Law," Journal of Competition Law and Economics, Oxford University Press, vol. 10(1), pages 63-86.
    11. Lukasz SATOLA & Tomasz WOJEWODZIC & Wojciech SROKA, 2018. "Barriers to exit encountered by small farms in light of the theory of new institutional economics," Agricultural Economics, Czech Academy of Agricultural Sciences, vol. 64(6), pages 277-290.
    12. Frank Maier-Rigaud & Ulrich Schwalbe, 2013. "Quantification of Antitrust Damages," Working Papers 2013-ECO-09, IESEG School of Management.
    13. Symeonidis, George, 2018. "Collusion, profitability and welfare: Theory and evidence," Journal of Economic Behavior & Organization, Elsevier, vol. 145(C), pages 530-545.
    14. Panayiotis Agisilaou, 2013. "Collusion in Industrial Economics and Optimally Designed Leniency Programmes - A Survey," Working Paper series, University of East Anglia, Centre for Competition Policy (CCP) 2013-03, Centre for Competition Policy, University of East Anglia, Norwich, UK..
    15. Aura María García Pabón, editor & Ana María Pérez Herrán, editor & Ismael Beltrán Prado, editor, 2019. "Competencia económica : reflexiones sobre los diez años de la Ley 1340 de 2009," Books, Universidad Externado de Colombia, Facultad de Economía, number 80, htpr_v3_i.
    16. Tanja Artiga González & Markus Schmid & David Yermack, 2019. "Does Price Fixing Benefit Corporate Managers?," Management Science, INFORMS, vol. 65(10), pages 4813-4840, October.
    17. Andreoli-Versbach, Patrick & Franck, Jens-Uwe, 2015. "Endogenous price commitment, sticky and leadership pricing: Evidence from the Italian petrol market," International Journal of Industrial Organization, Elsevier, vol. 40(C), pages 32-48.
    18. Law, Jonathan M., 2020. "Organic and Conventional Milk Production Practices and Costs between 2005 and 2016: Comparisons and Contrasts by Farm Size, Region and Pasture Use," 2020 Annual Meeting, July 26-28, Kansas City, Missouri 304615, Agricultural and Applied Economics Association.
    19. Berkay Akyapi & Douglas C. Turner, 2022. "Cartel Penalties Under Endogenous Detection," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 61(3), pages 341-371, November.
    20. Cotterill, Ronald W., 1997. "The Performance of Agricultural Marketing Cooperatives in Differentiated Product Markets," Journal of Cooperatives, NCERA-210, vol. 12, pages 1-13.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:ifaamr:183443. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/ifamaea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.