Law360 (July 23, 2021, 4:55 p.m. EDT) – During his campaign in 2020, President Joe Biden raised concerns about increased market concentration in the U.S. agribusiness. The candidate at the time, Biden, had promised to “protect small and medium-sized farmers and producers” from the so-called “monopoly markets” by strengthening the application of the Clayton Antitrust Act and the Packers and Stockyards Act.
On July 9, Biden took a step toward fulfilling that promise by issuing a broad executive order to promote competition in many sectors of the U.S. economy through 72 specific initiatives, many in the food industries and agricultural.
The order directs many federal agencies, including key antitrust law enforcement officials, to take multiple actions to …
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