In the final days of the Biden administration, antitrust enforcers filed several lawsuits and finalized rules to help farmers and independent retailers.
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Food industry experts project that dominant brands and private equity firms will buy more mid-sized companies in 2025, threatening innovation, price competition, and jobs.
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Federal antitrust enforcers have outstanding cases against AgriStats, Kroger and Albertsons, and Corteva and Syngenta. What will happen to them during a Trump administration?
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The DOJ may have failed to block a major sugar merger, but documents from their trial raised red flags for sugar buyers who now accuse sugar companies of price-fixing.
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USDA and DOJ collaborate to sue Koch Foods for restrictive contract termination fees. USDA also finalizes poultry contract transparency rule. Farmers say keep the foot on the gas.
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Agri Stats collects and shares detailed data on meat companies’ prices, wages, production levels, and profit margins. Antitrust enforcers say that meat packers used this information to fix prices and suppress wages.
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DOJ and FTC set new standards for reviewing mergers and acquisitions that take a stronger stance against concentrated market structures, vertical integration, harms to suppliers, and more.
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Open Markets and Farm Action hosted farmers and other food business owners in Washington, DC to assess the Biden administration’s commitment to restoring fair competition in the food system.
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Farmers and food businesses urge antitrust enforcers to strengthen merger guidelines and fight consolidation.
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A whistleblower from the Department of Justice’s (DOJ) Antitrust Division testified before Congress last week that Attorney General William Barr had disproportionately directed antitrust enforcement resources to scrutinize relatively small mergers between cannabis firms out of a personal dislike for the industry.
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Wholesale beef prices have jumped to record levels, as shoppers stockpile meat in response to the global coronavirus pandemic. But this run on beef isn’t helping cattle ranchers. On the contrary, cattle prices have plummeted since January, putting many ranchers on the brink of collapse.
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Last month, the nation’s fourth-largest beef packer, National Beef, announced plans to take over Sysco-owned Iowa Premium, a regional packer focused on processing Black Angus steers for the Upper Midwest. National Beef is majority owned by Brazilian firm Marfrig.
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