President Donald Trump signed an executive order on Dec. 6 establishing security task forces within the Justice Department and Federal Trade Commission (FTC) to protect competition across the U.S. food supply chain.
The order, titled “Addressing Security Risks From Price Fixing and Anti-Competitive Behavior in the Food Supply Chain,” states that anti-competitive behavior in the food industry, particularly by “foreign-controlled corporations,” poses a threat to the “stability and affordability” of the U.S. food supply chain. It states that some companies in the U.S. food supply chains have “even settled civil lawsuits accusing them of price fixing for tens of millions of dollars.”
