Hostname: page-component-7bb8b95d7b-495rp Total loading time: 0 Render date: 2024-09-16T20:52:19.729Z Has data issue: false hasContentIssue false

Opportunities for New Competition

Published online by Cambridge University Press:  07 July 2020

William J. Toleman*
Affiliation:
Agricultural Economics, Cornell University
Get access

Extract

We see our large manufacturing industries getting bigger and bigger and our economic theory getting weaker and weaker. When a corporation controls more wealth than most countries in the world, it makes us uncomfortable. When some companies are large enough to spend millions of dollars exploring the Alaskan oil fields, while other companies struggle to maintain their business, inequalities, imagined or real, are present, which go against our “common-sense nature.”

Type
Marketing and Food Distribution
Copyright
Copyright © Northeastern Agricultural and Resource Economics Association 

Access options

Get access to the full version of this content by using one of the access options below. (Log in options will check for institutional or personal access. Content may require purchase if you do not have access.)

References

1 Bain, J. S. Barrier to New Competition, Harvard University Press, Cambridge, 1962.Google Scholar
2 Bain, J. S. Industrial Organization, Wiley, New York, 1959.Google Scholar
3 Buzzell, R. D. & Nourse, R. E. M., “Product Innovation, The Product Life Cycle, and Competitive Behavior in Selected Food Processing Industries: 1947-1964 Graduate School of Business Administration,” Harvard University, Cambridge, 1966.Google Scholar
4 Galbraith, J. K. The New Industrial State, Houghton Mifflin Co., Boston, 1967.Google Scholar
5 Handy, C. R. & Padberg, D. I., “A Model of Competitive Behavior in Food Industries,” Journal of Agricultural Economics. Vol. 53, No. 2, May 1971.Google Scholar
6 Handy, C. R. & Padberg, D. I., “Conglomerate Growth: Policy of Implications for Agriculture and Agribusiness,” Oregon State University, Corvallis, Nov. 1969. pp 117120.Google Scholar
7 Hoffman, A. C.The Economic Rationale of Conglomerate Growth From A Management Perspective,” Economics of Conglomerate Growth, Oregon State University, Corvallis, Nov. 1969 pp 5762.Google Scholar
8 National Commission on Food Marketing, Technical Study No. 6, Federal Trade Commission. 1966.Google Scholar
9 Padberg, D. I.Consumer Protection for a Modern Industrialized Food SystemAmerican Journal of Agricultural Economics, Vol. 52, No. 5, Dec. 1950.Google Scholar
10 Padberg, D. I. Economics of Food Retailing, Cornell University 1968.Google Scholar
11 Padberg, D. I. Todays Food Broker, Chain, Store Publishing Corp. New York, 1971.Google Scholar