Bill 119 HR 1380, also known as the "Packers and Stockyards Act Amendment," aims to make changes to the Packers and Stockyards Act of 1921. The main goal of this bill is to create the Office of the Special Investigator for Co...
mpetition Matters. This office would be responsible for investigating and addressing competition issues within the meatpacking and livestock industries.
The bill seeks to enhance competition in these industries by ensuring fair and transparent practices among packers and stockyards. It also aims to prevent anti-competitive behavior and promote a level playing field for all participants in the market.
In addition to establishing the Office of the Special Investigator for Competition Matters, the bill includes provisions for other purposes related to the Packers and Stockyards Act. These provisions may include measures to improve market transparency, strengthen enforcement mechanisms, and protect the interests of farmers and ranchers.
Overall, Bill 119 HR 1380 is designed to address competition concerns within the meatpacking and livestock industries and promote fair and competitive practices among packers and stockyards. It represents a significant effort to ensure a more equitable and transparent marketplace for all stakeholders involved in these industries.