The Justice Department’s Antitrust Division hosted 30 farmers affiliated with the National Farmers Union (NFU) yesterday to discuss the state of competition in agriculture markets and strengthening antitrust enforcement. The Department is committed to fighting for fairness in food systems and protecting American farmers, producers, workers, and consumers from the effects of consolidation throughout the food supply chain.
Yesterday’s meeting builds on the Division’s ramped up efforts to combat anticompetitive practices and advocate for competition in agricultural markets. The Division has brought all of its tools to bear. Over the last year, the Antitrust Division has put special focus on competition in agriculture, including by suing to block U.S. Sugar from acquiring its rival, Imperial Sugar Company.
Related: UK-US New Body To Advise On Competition In Farming
“Competition in agriculture is critical. Too often, farmers and livestock producers have too few suppliers to buy from and too few buyers to sell to. Farmers and their families work incredibly hard and deserve to see the fruits of their labor and the American dream,” said Assistant Attorney General Jonathan Kanter of the Justice Department’s Antitrust Division. “Yesterday, we heard from farmers about how monopolies, collusion, and other anticompetitive conduct threatens their livelihood and their communities. Protecting competition and the rule of law in agricultural markets is core to the work of the Antitrust Division, and we will vigorously enforce the antitrust laws in this area.”
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
