The Rise of the Chicago Packers and the Origins of Meat Inspection and Antitrust

Gary Libecap

Economic Inquiry, 1992, vol. 30, issue 2, 242-62

Abstract: The Meat Inspection Act of 1891 and the Sherman Act of 1890 are closely tied. This link makes clearer the intent of Congress in enacting the legislation. Both laws were products of economic conditions after 1890 and reflected, in part, widespread concern about the market power of Chicago meat packers. The concerns of local slaughterhouses, which were being displaced by new, low-cost refrigerated beef, and of farmers who sold livestock to the large Chicago packers, were echoed elsewhere by other small businesses and farmers who feared for their livelihood during a time of structural change in the economy. Copyright 1992 by Oxford University Press.

Date: 1992
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