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A Law to Promote Efficient and Fair Pricing of Milk in Connecticut

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  • Cotterill, Ronald

Abstract

The proposed Connecticut milk pricing law for milk establishes two price collars. The general concept is as follows. Wholesale fluid milk prices will be limited to no more than 140% of the raw fluid price, and retail prices will be limited to no more than 140% of the wholesale price. These 140% rates are not price ceilings. They are price collars. The proposed law does not dictate what wholesale and retail prices shall be, it only requires that the relationship between raw fluid prices, paid by processors, wholesale prices and retail prices honor the price collars(Cotterill and Rabinowitz, December, 2002).

Suggested Citation

  • Cotterill, Ronald, 2003. "A Law to Promote Efficient and Fair Pricing of Milk in Connecticut," Issue Papers 169495, University of Connecticut, Food Marketing Policy Center.
    • Handle: RePEc:ags:ucofmi:169495
    DOI: 10.22004/ag.econ.169495
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    References listed on IDEAS

    as
    1. Slade, Margaret E, 1995. "Product Rivalry with Multiple Strategic Weapons: An Analysis of Price and Advertising Competition," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 4(3), pages 445-476, Fall.
    2. Ronald W. Cotterill & Tirtha Pratim Dhar, 2003. "Oligopoly Pricing with Differentiated Products: The Boston Fluid Milk Market Channel," Food Marketing Policy Center Research Reports 074, University of Connecticut, Department of Agricultural and Resource Economics, Charles J. Zwick Center for Food and Resource Policy.
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    Cited by:

    1. Benaissa Chidmi & Rigoberto A. Lopez & Ronald W. Cotterill, 2005. "Retail oligopoly power, dairy compact, and Boston milk prices," Agribusiness, John Wiley & Sons, Ltd., vol. 21(4), pages 477-491.
    2. Cotterill, Ronald & Rabinowitz, Adam & Schwane, Matthew, 2004. "Retail Milk Prices in New England, New York, and Seattle: An Unresolved Issue," Issue Papers 169529, University of Connecticut, Food Marketing Policy Center.
    3. Ronald W. Cotterill, 2003. "Answers to Questions that Often Surface When Discussing the Proposed Connecticut Fair Pricing Milk Law," Issue Papers 37, University of Connecticut, Department of Agricultural and Resource Economics, Charles J. Zwick Center for Food and Resource Policy.
    4. Cotterill, Ronald, 2003. "Answers to Questions that Often Surface When Discussing the Proposed Connecticut Fair Pricing Milk Law," Issue Papers 169488, University of Connecticut, Food Marketing Policy Center.
    5. Ronald W. Cotterill, 2003. "Fluid Milk Market Channel Pricing: Monopolistic Pricing by Retailers Hurts Processors, Farmers, Consumers, and Federal Market Order Pricing," Issue Papers 40, University of Connecticut, Department of Agricultural and Resource Economics, Charles J. Zwick Center for Food and Resource Policy.
    6. Cotterill, Ronald, 2003. "Fluid Milk Market Channel Pricing: Monopolistic Pricing by Retailers Hurts Processors, Farmers, Consumers, and Federal Market Order Pricing," Issue Papers 169498, University of Connecticut, Food Marketing Policy Center.

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