Market Diversion and Market Power: California Eggs |
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Authors: | William J Allender Timothy J Richards |
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Institution: | (1) Department of Economics, University of Venice, Italy;(2) Department of Economics, Trinity College, Dublin, Ireland;(3) Department of Economics, University College Dublin, Ireland |
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Abstract: | Allegations of price-fixing by US egg producers maintain that the industry’s strategic use of export programs softens competition
in the domestic market. This study provides an empirical investigation into these allegations using retail market data from
a specific California retail market. Our findings suggest that the antitrust complaints have economic merit, but the deviations
from competitive behavior are small. |
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Keywords: | |
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