Webinar: Concentration and Competition in U.S. Agribusiness
Date: Tuesday, July 11th, 2023
Time: 1:00 PM ET
Duration: 1 hour
Presenter: James MacDonald
View the recorded webinar.
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Market concentration, and its impact on competition, has attracted growing public scrutiny. Critics argue that many industries have grown too concentrated, with fewer firms competing with one another and a consequent weakening of competition. The issues surrounding concentration extend to agribusiness, particularly to three agribusiness sectors where concentration has increased over time: seeds, meatpacking, and food retail.
During this webinar, ERS Agricultural Economist James MacDonald presented findings in Concentration and Competition in U.S. Agribusiness. This report details consolidation in each of these industries, explains the driving forces behind increased concentration, and examines public policies aimed at encouraging competition, with a focus on the implementation of merger policy.