close
close

DOJ targets antitrust issues in agriculture

DOJ targets antitrust issues in agriculture

Russell Nemetz

The U.S. Department of Justice (DOJ) has announced a significant expansion of its efforts to combat anticompetitive practices in the agriculture sector. The initiative includes an increase in staffing in the Antitrust Division, which is specifically dedicated to enforcing civil and criminal agriculture law.

This briefing was provided by Michael Kades, Deputy Assistant Attorney General for Antitrust at the Department of Justice, at the 2024 R-CALF USA National Convention.

A key aspect of this initiative is the expansion of the Department of Justice’s Chicago office. This team will be the first of its kind in the Midwest and will focus on enforcing antitrust laws related to agriculture.

The Justice Department’s decision came in response to concerns about the concentration of power in the agriculture sector.

Large agribusinesses have the potential to influence market prices and limit the opportunities of smaller farmers and ranchers. This expanded enforcement is intended to ensure fair competition throughout the agricultural supply chain.

The National Farmers Union (NFU) has expressed strong support for the DOJ initiative. The NFU Farmers for Fairness campaign highlights concerns about anti-competitive practices in agriculture.

The Department of Justice’s increased enforcement efforts are expected to create a more balanced and fair marketplace for all agricultural producers.

Source: DOJ