It is safe to say the landscape of agribusiness has changed significantly over the past few years and will continue in the years to come with advancements in technology and the openings into world markets.
With these changes, new challenges with safety, promotion of foreign trade, environmental welfare and competitive practices have come about. The Department of Justice Antitrust Division has addressed the issue of competition in agriculture and along with the United States Department of Agriculture, recently issued a report on workshops conducted in 2010, that gathered comments from over 18,000 respondents in the process.
The underlying message is that they came away with a better understanding of the agricultural markets and a renewed commitment to enforce antitrust laws in the agricultural sector.
Click here for a summary from the National Council of Farmer Cooperatives and the full report issued by the U.S. Department of Justice in May of 2012.
For additional information, please contact anyone of our agribusiness specialists.
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