House Progressives Hail Biden Moves to Combat Meat Industry 'Price Gouging'

"Four giant companies control 85% of the market for meat—raking in massive profits while families pay higher prices," Sen. Elizabeth Warren Monday."I'm glad President Biden is taking steps to create a more competitive beef and poultry industry. We need to break up Big Ag and lower prices."

The White House also said it will strengthen product-labeling rules,"work to increase transparency in cattle markets so that ranchers can get a fair price for their work," and bolster worker protections. During his remarks at Monday's roundtable meeting, Biden echoed an argument advanced by a number of progressive analysts and commentators in recent days: Corporate concentration and greed are"In too many industries, a handful of giant companies dominate the market," the president said.

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Biden unveils plan to boost competition in US meat industryBiden said the US will issue new rules and $1 billion in funding this year to support independent meat processors and ranchers as part of a plan to address a lack of 'meaningful competition' in the meat sector. Don’t farmers already get enough subsidies ? Biden needs to stay out of it. Everything he does turns to shit.
Sumber: KSLcom - 🏆 549. / 51 Baca lebih lajut »