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Full-Text Articles in Law
The Monopoly Component Of Inflation In Food Prices, Neal Smith
The Monopoly Component Of Inflation In Food Prices, Neal Smith
University of Michigan Journal of Law Reform
Part I examines monopoly power in the food industry, paying close attention to the increased economic strength of monopolies and the economic costs caused by monopoly power. Part II details the problems resulting from monopoly power in one segment of the food industry-the meatpacking industry. Part III calls upon the Congress to undertake new antitrust initiatives to reverse the food industry's trend toward increasing concentration. It cannot be said with certainty that food price inflation would totally disappear if the consumer loss due to monopoly were removed from the food manufacturing and retailing sectors. Doing away with these losses, however, …
Advance Notice Of Plant Closings: Toward National Legislation, Joseph A. Cipparone
Advance Notice Of Plant Closings: Toward National Legislation, Joseph A. Cipparone
University of Michigan Journal of Law Reform
This article advocates the adoption of national legislation requiring advance notice for plants closed or relocated for ostensibly economic reasons. Part I discusses the magnitude of the plant closing problem, focusing upon the costs associated with such closings, the types of assistance available for terminated workers, and the inadequacies of current relief efforts. Parts II and III examine the arguments for and against requiring advance notice of plant closings, and conclude that such a requirement represents sound public policy. Part IV proposes a complete model advance notice statute. The model statute establishes minimum requirements for a viable advance notice system, …