"President Donald Trump signed an executive order on Saturday to create food supply chain security task forces to address potential risks from price fixing and anti-competitive behavior.
"My Administration will act to determine whether anti-competitive behavior, especially by foreign-controlled companies, increases the cost of living for Americans and address any associated national security threat to food supply chains," Trump said in the order.
The attorney general and the FTC chairman may bring enforcement actions and pursue new regulatory approaches if they find anti-competitive behavior during the investigation.
The two will take "all necessary and appropriate actions" to investigate food-related industries within their established areas of expertise and determine whether anti-competitive behavior exists in U.S. food supply chains, as well as whether control of food-related industries by foreign entities is "increasing the cost of food products in the United States or creating a national or economic security threat to Americans."
msn
No comments:
Post a Comment