There has been much discussion in recent times of alternative proposals for reform of egg industry regulations. This paper aims to describe, analyse and measure the effects of possible changes to egg industry regulations in Victoria. The conclusion is that there are significant potential net benefits to Victorians from eliminating hen quotas and arrangements for fixing egg prices. The significant losses to each of a small number of producers would be more than offset by the small benefits to each of a large number of consumers. The majority of these net benefits could be obtained, alternatively, by allowing free transferability of quota rather than eliminating quota; but then the benefits would all accrue to quota owners.