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GROUP CALLS FOR A NEW AGENCY TO BE FORMED AT USDA TO REGULATE AG INDUSTRY CONSOLIDATION
May 9, 2019
POLITICO reports:
The Center for American Progress (CAP) on Tuesday floated a novel idea to counter the effects of a rapidly consolidating agriculture industry: Establish an independent task force at USDA charged with maintaining competitive markets and protecting farmers from the harms of consolidation. CAP also backed other proposals including upping antitrust enforcement and restructuring farmer contracts with employers.
To read the CAP report click here.
The group plans to sell the idea on Capitol Hill, and it could find a receptive audience among Democrats who are already pushing antitrust-related legislation,
The agency would also set up a hotline for farmers to issue complaints about anti-competitive practices and would have the authority to enforce antitrust laws and oversee the input side of markets.
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