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Farm Action Applauds FTC’s Proposal to Strengthen Premerger Rules
The proposed updates will empower the FTC to quickly and accurately identify threats to competition in agriculture and across our economy, said Farm Action.
The proposed updates will empower the FTC to quickly and accurately identify threats to competition in agriculture and across our economy, said Farm Action.
The Congressional letter comes after Farm Action and the National Dairy Producers Organization exposed the missing reports in June.
Renewed antitrust enforcement will revitalize critical protections for the liberty and welfare of America’s farmers and workers, consumers and small businesses.
As the U.S. ag trade deficit is forecast to increase by 45%, our research shows we could balance it by converting less than .5% of farmland to high-value crops.
The strides made today toward the goals in the executive order on competition will substantially benefit farmers, ranchers, workers, and rural Americans.
Farm Action and Open Markets Institute graded the Biden Administration’s progress on the executive order to promote competition in the economy.
Farm Action President Angela Huffman said it’s time to reform checkoffs to shift power from consolidated corporate interests back to U.S. farmers and ranchers.
USDA has not accounted for three years of spending by the nation’s largest checkoff program, which collects mandatory funds from struggling dairy farmers.
Farm Action’s President Angela Huffman says this plan could prevent fraud that deceives consumers and stunts the growth of local and regional food systems.
The rule would enable consumers to find meat products bred and raised in the U.S., shifting spending toward independent producers and growing local economies.