Addressing Security Risks From Price Fixing and Anti-Competitive Behavior in the Food Supply Chain

Key Points

• The President creates two task forces at the Justice Department and the Federal Trade Commission to look into price fixing in the food supply.
• These teams will investigate meat, seed, fertilizer, and equipment companies and check if foreign control is driving up prices.
• If they find wrongdoing, the government can sue, fine, or bring criminal charges for secret price-fixing deals, and propose new rules to stop it.
• The goal is to keep groceries affordable and the food supply stable, which could lower prices and reduce shortages over time.
• The agencies will brief Congress within 6 months and again at 12 months, but they will not share details of active cases.