Similar Stories to Usda, State Attorneys General To Look At Food 'market Practices' on Bing News

Susie Madrak, The Daily Dot
Thu, 07/20/2023 - 6:16am

In a move to reduce behavior that drives up food prices, the U.S. Department of Agriculture is teaming up with state attorneys general to ban anti-competitive practices in the agricultural industry. Via Investopedia: The USDA said it will work with the 31 states and the District of Columbia to target market structures that it says raise prices and limit choices for consumers and producers. By "market structures," I think they actually mean "monopoly practices," but we mustn't spook the markets! Agriculture Secretary Tom Vilsack said the partnership would address corporate consolidation, especially focusing on unfair competition and increased prices in food, retail and meat and poultry processing.

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