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Oligopolists then and now: a study of the meatpacking industry.(ECONOMIC ARTICLES)
From:
Journal of Economics and Economic Education Research
| Date:
January 1, 2003| Author:
Dickes, Lori A.; Dickes, Allen L.
| COPYRIGHT 2003 The DreamCatchers Group, LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.Copyright information
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ABSTRACT
This paper explores the hypothesis that the meat packing industry has had an evolution that, even with public policy changes, continues to push the industry towards an oligopolistic structure (at times monopoly). The firms today, as in years past, continue to be highly motivated by consolidation and integration. The paper will begin by tracing the historical development of the meatpacking industry, the regulatory response to the industry, and finally discuss the...
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