
FTC, DOJ Plan to Fight Food Inflation by Addressing Anti-Competition Conduct
As food prices continue to edge higher, the Federal Trade Commission (FTC) and the Department of Justice (DOJ) plan to collaborate moving forward to combat anti-competitive conduct and mergers throughout the U.S. food supply chain. According to FTC Commissioner Rachel Slaughter, the two federal departments will tackle the food inflation issue in cooperation with other federal agencies and state entities. In the last few decades, there has been a concentration “up and down the food supply chain,” involving food distributors, food processors, pesticide manufacturers, and supermarkets. “The food supply chain discussion reflects an important and light conversation throughout competition policy,” Ms. Slaughter said in her opening remarks at a DOJ-FTC summit on April 8....
