WHAT CAN WE LEARN FROM THE ADM GLOBAL PRICE CONSPIRACIES?

John Connor ()

No 260226, Economic and Policy Implications of Structural Realignments in Food and Ag Markets: A Case Study Approach - FAMC 1998 Conference from Food and Agricultural Marketing Consortium (FAMC)

Abstract: ADM was at the center of two large global price-fixing conspiracies. Buyers were overcharged $116 to $378 million in the United States. Market structure and corporate management style facilitated these cartels. The criminal prosecutions and defendants' legal strategies were both laudatory, but civil plaintiffs were shortchanged. ADM has undergone severe management restructuring, but the effectiveness of apprehending global cartels with national legal enforcement is questionable.

Keywords: Industrial Organization; International Relations/Trade (search for similar items in EconPapers)
Pages: 33
Date: 1998-07-31
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Citations: View citations in EconPapers (8)

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Related works:
Working Paper: WHAT CAN WE LEARN FROM THE ADM GLOBAL PRICE CONSPIRACIES? (1998)
Working Paper: WHAT CAN WE LEARN FROM THE ADM GLOBAL PRICE CONSPIRACIES? (1998)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:famc98:260226

DOI: 10.22004/ag.econ.260226

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