Is There Price Fixing in the U.S. Pork Industry?
Yuliya Bolotova
Choices: The Magazine of Food, Farm, and Resource Issues, 2024, vol. 39, issue 01
Abstract:
In 2018, U.S. pork buyers filed class action antitrust lawsuits against a group of the largest pork processors in the country. The plaintiffs alleged that these pork processors engaged in an unlawful conspiracy to limit pork production with the purpose of fixing, increasing, and stabilizing wholesale and retail pork prices as early as January 2009 and violated Section 1 of the Sherman Act (1890). This article examines competition (business conduct) issues revealed during the on-going pork antitrust litigation.
Keywords: Agribusiness; Agricultural Finance; Production Economics (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaeach:344761
DOI: 10.22004/ag.econ.344761
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