Packers and Stockyards Act of 1921

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The Packers and Stockyards Act of 1921 is a U.S. federal law designed to prevent unfair, deceptive, and anti-competitive practices in the livestock, meatpacking, and poultry industries and to protect producers, consumers, and fair trade.

All labels observed (4)

How this entity was disambiguated

Statements (52)

Predicate Object
instanceOf United States federal statute ⓘ
agricultural law ⓘ
competition law ⓘ
administeredBy Grain Inspection, Packers and Stockyards Administration ⓘ
Packers and Stockyards Division of USDA ⓘ
United States Department of Agriculture ⓘ
alsoKnownAs PSA ⓘ
Packers and Stockyards Act ⓘ
amendedBy Farm Security and Rural Investment Act of 2002 ⓘ
Food, Agriculture, Conservation, and Trade Act of 1990 ⓘ
Packers and Stockyards Act amendments of 1976 ⓘ
Packers and Stockyards Act amendments of 1987 ⓘ
codifiedIn Title 7 of the United States Code ⓘ
codifiedSections 7 U.S.C. §§ 181–229c ⓘ
country United States ⓘ
dateEnacted 1921-08-15 ⓘ
enactedBy United States Congress ⓘ
historicalContext enacted in response to concerns about the market power of the "Big Five" meatpacking companies ⓘ
jurisdiction federal government of the United States ⓘ
presidentAtEnactment Warren G. Harding ⓘ
prohibits deceptive practices in livestock and poultry transactions ⓘ
manipulation or control of prices in the livestock and poultry industries ⓘ
monopolization or attempts to monopolize in the covered industries ⓘ
undue or unreasonable preferences or advantages to any person or locality ⓘ
unfair trade practices in livestock marketing ⓘ
unjustly discriminatory practices by packers and stockyards ⓘ
providesFor administrative enforcement proceedings ⓘ
civil penalties for violations ⓘ
injunctive relief in federal court ⓘ
investigations by the Secretary of Agriculture ⓘ
publicLawNumber Public Law 67-51 ⓘ
purpose to maintain fair competition and trade practices in the livestock and poultry sectors ⓘ
to prevent unfair, unjustly discriminatory, and deceptive practices in the livestock, meatpacking, and poultry industries ⓘ
to protect livestock producers and consumers ⓘ
regulates live poultry dealers ⓘ
livestock dealers ⓘ
market agencies ⓘ
meatpackers ⓘ
stockyard owners ⓘ
swine contractors ⓘ
relatedTo Clayton Antitrust Act ⓘ
Sherman Antitrust Act ⓘ
United States antitrust law ⓘ
requires maintenance of accurate records by regulated entities ⓘ
prompt payment to livestock sellers ⓘ
registration of market agencies and dealers ⓘ
sectorCovered livestock industry ⓘ
meatpacking industry ⓘ
poultry industry ⓘ
signedBy Warren G. Harding ⓘ
statutesAtLargeCitation 42 Stat. 159 ⓘ
yearEnacted 1921 ⓘ

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Referenced by (8)

Full triples — surface form annotated when it differs from this entity's canonical label.

Grain Inspection, Packers and Stockyards Administration → legalBasis → Packers and Stockyards Act of 1921 ⓘ
GIPSA → legalAuthority → Packers and Stockyards Act of 1921 ⓘ
Packers and Stockyards Act of 1921 → amendedBy → Packers and Stockyards Act amendments of 1976 ⓘ
linked to: Packers and Stockyards Act of 1921
Packers and Stockyards Act of 1921 → amendedBy → Packers and Stockyards Act amendments of 1987 ⓘ
linked to: Packers and Stockyards Act of 1921
Packers and Stockyards Act of 1921 → alsoKnownAs → Packers and Stockyards Act ⓘ
linked to: Packers and Stockyards Act of 1921
Fair Trade Practices Program → legalAuthority → Packers and Stockyards Act ⓘ
linked to: Packers and Stockyards Act of 1921
Public Law 67-51 → hasShortTitle → Packers and Stockyards Act of 1921 ⓘ
67th United States Congress → enacted → Packers and Stockyards Act ⓘ
linked to: Packers and Stockyards Act of 1921