This study analyzes retail milk pricing by supermarkets and marketing margin behavior for four fluid milk products in nine large metropolitan markets in the Western United States. Multiple empirical approaches are utilized to investigate retailer pricing behavior, and, on balance, these methods...

Rapidly increasing concentration in food manufacturing and retailing has heightened concern about the exercise of market power by food manufacturers and retailers to the detriment of farm producers and consumers. Although market power in the food industry has been studied rather extensively,...