Source: Alex Gangitano, THE HILL, 4/29/20


Sens. Josh Hawley (R-Mo.) and Tammy Baldwin (D-Wis.) have asked the Federal Trade Commission (FTC) to open an antitrust investigation into the meatpacking industry and its potential to cause significant disruptions in the food supply chain. The senators note that the beef industry is dominated by Tyson Foods, Cargill, JBS S.A. and Smithfield Foods, which processes 85 percent of all U.S. beef. Three multinational companies, Tyson Foods from the U.S., JBS from Brazil and Smithfield from China, process 63 percent of all U.S. pork products.

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