Food and Agribusiness Merger Moratorium and Antitrust Review Act of 2022

12/29/2022, 4:48 PM

Food and Agribusiness Merger Moratorium and Antitrust Review Act of 2022

This bill places a moratorium on certain acquisitions between large agricultural and retail-related businesses and establishes the Food and Agriculture Concentration and Market Power Review Commission. The commission shall report to Congress and the President on (1) the nature and consequences of market concentration in the U.S. food and agricultural economy, and (2) recommended legal and regulatory changes to address such market concentration.

Congress
117

Number
S - 4245

Introduced on
2022-05-18

# Amendments
0

Sponsors
+5

Cosponsors
+5

Variations and Revisions

5/18/2022

Status of Legislation

Bill Introduced
Introduced to House
House to Vote
Introduced to Senate
Senate to Vote

Purpose and Summary

Food and Agribusiness Merger Moratorium and Antitrust Review Act of 2022

This bill places a moratorium on certain acquisitions between large agricultural and retail-related businesses and establishes the Food and Agriculture Concentration and Market Power Review Commission. The commission shall report to Congress and the President on (1) the nature and consequences of market concentration in the U.S. food and agricultural economy, and (2) recommended legal and regulatory changes to address such market concentration.

Alternative Names
Official Title as IntroducedA bill to impose a moratorium on large agribusiness, food and beverage manufacturing, and grocery retail mergers.

Policy Areas
Commerce

Comments

Recent Activity

Latest Summary5/31/2022

Food and Agribusiness Merger Moratorium and Antitrust Review Act of 2022

This bill places a moratorium on certain acquisitions between large agricultural and retail-related businesses and establishes the Food and Ag...


Latest Action5/18/2022
Read twice and referred to the Committee on the Judiciary.