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Food and Agribusiness Merger Moratorium and Antitrust Review Act of 2022

12/29/2022, 4:48 PM

Congressional Summary of S 4245

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.

Current Status of Bill S 4245

Bill S 4245 is currently in the status of Bill Introduced since May 18, 2022. Bill S 4245 was introduced during Congress 117 and was introduced to the Senate on May 18, 2022.  Bill S 4245's most recent activity was Read twice and referred to the Committee on the Judiciary. as of May 18, 2022

Bipartisan Support of Bill S 4245

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
4
Democrat Cosponsors
3
Republican Cosponsors
0
Unaffiliated Cosponsors
1

Policy Area and Potential Impact of Bill S 4245

Primary Policy Focus

Commerce

Alternate Title(s) of Bill S 4245

Food and Agribusiness Merger Moratorium and Antitrust Review Act of 2022
Food and Agribusiness Merger Moratorium and Antitrust Review Act of 2022
A bill to impose a moratorium on large agribusiness, food and beverage manufacturing, and grocery retail mergers.

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