President Trump Establishes Task Forces to Investigate Food Sector Pricing and Security Risks
President Trump has signed an order to create task forces within the Department of Justice (DoJ) and the Federal Trade Commission (FTC) to address potential security risks in the U.S. food sector. These task forces will investigate alleged price fixing and anti-competitive conduct, particularly by foreign-controlled companies, which may be increasing the cost of living for Americans and posing a national security threat to food supply chains. The initiative follows a recent inquiry by the DoJ into alleged price fixing by major meatpacking companies, including JBS, Cargill, Tyson Foods, and National Beef, which collectively control a significant portion of U.S. beef processing. The task forces are mandated to review the ownership or control of food-related sectors by foreign entities and assess whether this contributes to increased food costs or economic security threats. 
