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An Act Concerning the Fair Pricing of Milk

Author

Listed:
  • Ronald W. Cotterill

    (University of Connecticut)

  • Adam Rabinowitz

    (University of Connecticut)

  • Tian, Li

    (University of Connecticut)

Abstract

The proposed Connecticut milk pricing law for milk establishes two price collars. The general concept is as follows. Wholesale fluid milk prices will be limited to no more than 140% of the raw fluid price, and retail prices will be limited to no more than 140% of the wholesale price. These 140% rates are not price ceilings. They are price collars. The proposed law does not dictate what wholesale and retail prices shall be, it only requires that the relationship between raw fluid prices, paid by processors, wholesale prices and retail prices honor the price collars(Cotterill and Rabinowitz, December, 2002).

Suggested Citation

  • Ronald W. Cotterill & Adam Rabinowitz & Tian, Li, 2003. "An Act Concerning the Fair Pricing of Milk," Issue Papers 39, University of Connecticut, Department of Agricultural and Resource Economics, Charles J. Zwick Center for Food and Resource Policy.
    • Handle: RePEc:zwi:ipaper:39
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    File URL: http://www.zwickcenter.uconn.edu/documents/issuepapers/ip39.pdf
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    References listed on IDEAS

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    1. Slade, Margaret E, 1995. "Product Rivalry with Multiple Strategic Weapons: An Analysis of Price and Advertising Competition," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 4(3), pages 445-476, Fall.
    2. Cotterill, Ronald W. & Dhar, Tirtha Pratim, 2003. "Oligopoly Pricing with Differentiated Products: The Boston Fluid Milk Market Channel," Research Reports 25189, University of Connecticut, Food Marketing Policy Center.
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