If the food doesn't come - vertical coordination problems in the CIS food system: some perils of privatization
Article Abstract:
The Commonwealth of Independent States has a relatively inefficient food marketing system characterized by the existence of a select number of sellers transacting with an unequally limited number of buyers resulting in a situation known as bilateral monopoly. The continuous haggling between the two parties results in the diminution of the supply of products, a situation which aggravates the already critical market situation in those countries. The governments in those countries need to establish a legal system that would foster competition to avoid such undesirable scenarios.
Publication Name: Agribusiness
Subject: Business
ISSN: 0742-4477
Year: 1995
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Changing power relationships in the US food industry: brokerage arrangements for private label products
Article Abstract:
The US food system has undergone significant changes over the last twenty years and has resulted in a change in the relationship between small manufacturers and large firms. Contributing factors include the use of 'street money' given by manufacturers to retailers and the introduction of in-house broker (IHB) system, which distorts the normal functioning of the food marketing system and jeopardizes the business of independent brokers. The IHB system is also reported to be extending in branded product procurements.
Publication Name: Agribusiness
Subject: Business
ISSN: 0742-4477
Year: 1998
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Costs of monitoring food safety and vertical coordination in agribusiness: what can be learned from the British Food Safety Act 1990?
Article Abstract:
The implications of the British Food Safety Act 1990 on the cost and organizational/operational structures of agribusiness firms are examined. The 'due diligence' provision of the law is expected to result in increased monitoring costs for food companies. This may, in turn, spawn alternative forms of vertical coordination within firms to reduce the costs of compliance with the act.
Publication Name: Agribusiness
Subject: Business
ISSN: 0742-4477
Year: 1992
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