Addressing Security Risks From Price Fixing and Anti-Competitive Behavior in the Food Supply Chain
Directs the Department of Justice and the Federal Trade Commission to investigate price fixing, anti-competitive behavior, and foreign control in the U.S. food supply chain and to assess the resulting national and economic security risks.
Section by Section
What each section does, and how they differ.
Establishes that anti-competitive behavior in food supply chains and foreign control of food industries threaten national and economic security by raising costs for Americans.
Establishes Food Supply Chain Security Task Forces in DOJ and FTC to investigate anti-competitive behavior and foreign control in food-related industries, with authority to recommend enforcement and regulatory action, and directs joint briefings to Congress at 180 and 365 days.
Standard boilerplate: preserves existing agency authority, conditions the order on appropriations, and creates no enforceable private rights.