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Industrialization and Consolidation in the U.S. Food Sector: Implications for Competition and Welfare

2000/12/01 by Richard J. Sexton · 1 citation
Economics, Econometrics and Finance · Agricultural and Biological Sciences · #Economics of Agriculture and Food Markets #Agricultural Economics and Policy #Merger and Competition Analysis

paper · pdf · doi:10.1111/0002-9092.00106

openalex publication_date 2000/12/01 · openalex created_date 2025/10/10 · openalex updated_date 2026/07/28

Abstract

Food processing, distribution, and retailing activities account for the majority of retail food and beverage costs for all major U.S. commodity groups, and the share of costs attributable to these marketing activities is rising over time. Consider, for example, the U.S. Department of Agriculture’s “market basket ” of food products. The farm share of the market basket remained stable at about

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