An Agricultural Competition Partnership, launched by the Biden administration, is seeking to “crackdown on price-gouging and other anti-competitive practices in food and agriculture markets.” President Biden announced the creation of a new “Farmer Seed Liaison” that will work with patent issues in the seed industry.
The effort piggybacks on many efforts the USDA is spearheading to spur more diverse competition in agriculture. the USDA announced this week partnerships with attorneys general from 31 states to carry out the Agricultural Competition Partnership, focusing on state and federal enforcement tools that the USDA hopes will lower food prices for consumers. U.S. Agriculture Secretary Tom Vilsack says the bipartisan group will promote a healthier playing field for the “critical cornerstone” that is U.S. agriculture.
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