During a White House Competition Council meeting on Sept. 26, Secretary of Agriculture Tom Vilsack announced USDA is publishing a proposed rule updating the Packers and Stockyards Act including changes to contract formation in the livestock sector. USDA also announced $15 million to partner with state attorneys general on the enforcement of competition laws, such as the laws against price-fixing.
The actions follow President Joe Biden’s July 2021 historic executive order to establish a whole-of-government effort to promote competition in the American economy. During his comments…