DTN/Progressive Farmer | Groups Oppose Fertilizer Plant Deal
Farm Action and allies asked DOJ and FTC to investigate Koch Industries’ acquisition over concerns it would further concentrate the fertilizer industry.
Farm Action and allies asked DOJ and FTC to investigate Koch Industries’ acquisition over concerns it would further concentrate the fertilizer industry.
America’s antitrust enforcers must prevent dominant firms from capitalizing on investments made with public resources, we told DOJ and FTC in a letter.
Consolidated fertilizer corporations shouldn’t benefit from the very government projects meant to curb their industry power, said Farm Action.
Without proper safeguards, USDA’s investments to boost food system competition will inevitably end up in the hands of the dominant corporations they are trying to challenge.
We’ve zeroed in on these exciting opportunities in 2024 to meaningfully reform our food and farm system.
Together with our supporters and allies, we made massive strides towards creating a fairer food system in 2023. We’re pleased to share our journey to achieve this year’s wins.
“These new merger guidelines will help restore economic freedom and strengthen our democracy,” said Farm Action’s Joe Maxwell.
Here are the biggest stories of the year in our movement to take down monopoly power in the food system.
In a letter to the president, the advocacy groups said that USDA must swiftly restore the P&S Act to ensure our nation’s farmers and ranchers can thrive.
Farm Action’s Joe Maxwell is optimistic that the DOJ and FTC have an “appetite to deliver” their directives from the executive order on competition.