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Dethroning Economic Kings: The Packers and Stockyards Act of 1921 and its Modern Awakening
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William E. Rosales
Veröffentlicht/Copyright:
25. April 2005
In this Comment, I examine federal courts’ hesitation to apply the Packers and Stockyards Act of 1921 to address the consolidation of the meatpacking industry. A currently pending case, Pickett v. IBP, represents an opportunity for federal courts to apply the Act to combat that consolidation, and I argue that Pickett—the first class action suit granted class certification under the antitrust provision of the Act—represents an opportunity for the judiciary to reform the meatpacking industry by addressing issues of equal access to the market.
Published Online: 2005-4-25
©2011 Walter de Gruyter GmbH & Co. KG, Berlin/Boston
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Schlagwörter für diesen Artikel
Packers and Stockyards Act;
Pickett;
captive supplies;
livestock;
meatpacking
Artikel in diesem Heft
- Article
- On Cyclical Industry Evolution in Agricultural Biotechnology R&D
- Losing Under Contract: Transaction-Cost Externalities and Spot Market Disintegration
- Railcar Auctions for Grain Shipments: A Strategic Analysis
- Dethroning Economic Kings: The Packers and Stockyards Act of 1921 and its Modern Awakening
- Demand Screening with Slotting Allowances and Failure Fees
- A Simple Test of Oligopsony Behavior with an Application to Rice Milling
- The Impact on Farmers of Privatizing Parastatal Agricultural Monopsonies
- Ownership Structure and Endogenous Quality Choice: Cooperatives versus Investor-Owned Firms
- Private Label Products as Experience Goods
