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Trump administration settles meatpacking antitrust case in bid to bring down grocery prices
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Trump administration settles meatpacking antitrust case in bid to bring down grocery prices

The Independent·Alanna Durkin Richer·25 days ago
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The Trump administration has reached a proposed settlement in an antitrust case against a data-sharing company for the meatpacking industry that the federal government had accused of helping drive up grocery prices. Justice Department officials touted the deal in the case, initially brought by the Biden administration, as a victory in their effort to reclaim competitive prices in the meat industry and lower food costs for Americans . Combating the drivers of high food costs, however, is challenging and the solutions aren't simple. “A stable and affordable food supply is critical to our country’s well-being,” acting Attorney General Todd Blanche said in a statement. “This Department of Justice is laser-focused on making everyday life affordable for all Americans.” The case targeted Agri Stats, an Indiana-based company that collects nonpublic information from meat processors and shares the data in detailed reports with the industry.…

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