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A.A. POULTRY FARMS, INC. v. ROSE ACRE FARMS, INC.

No. 88-1426.

881 F.2d 1396 (1989)

A.A. POULTRY FARMS, INC., et al., Plaintiffs-Appellants, v. ROSE ACRE FARMS, INC., Defendant-Appellee.

United States Court of Appeals, Seventh Circuit.

Decided August 4, 1989.

Attorney(s) appearing for the Case

Dorothy B. Zimbrakos, Warren S. Radler, Rivkin, Radler, Dunne & Bayh, Chicago, Ill., Alfred C. Frawley, Brann & Isaacson, Lewiston, Me., Lee B. McTurnan, McTurnan & Turner, Indianapolis, Ind., for plaintiffs-appellants.

Joe C. Emerson, Robert K. Stanley, Stephen H. Paul, Baker & Daniels, Indianapolis, Ind., for defendant-appellee.

Before BAUER, Chief Judge, EASTERBROOK, Circuit Judge, and GRANT, Senior District Judge.

EASTERBROOK, Circuit Judge.

Economists frequently give agricultural products such as wheat as examples of perfect competition. Concentration is low and the product fungible. Anyone who tries to charge more than the going price loses sales quickly, making the effort unprofitable. Price closes in on marginal cost and stays there. Sellers may enter or expand output as much as they please, at the potential expense of rivals but to the definite benefit of consumers: the...

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