Equal Exchange Blog ... "New Legislation Will Hit the Pause Button on Mega-Mergers"

Equal Exchange's mission is to build long-term trade partnerships that are economically just and environmentally sound, to foster mutually beneficial relationships between farmers and consumers and to demonstrate, through our success, the contribution of worker co-operatives and Fair Trade to a more equitable, democratic and sustainable world.

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New Legislation Will Hit the Pause Button on Mega-Mergers

In the wake of unprecedented concentration in the agriculture and food sectors, Senators Cory Booker (D-NJ) and Jon Tester (D-MT) and Representatives Mark Pocan (D-WI) and Chellie Pingree (D-ME) introduced legislation to place a moratorium on large agribusiness, food and beverage manufacturing, and grocery retail mergers and acquisitions. Known as the Food and Agribusiness Merger Moratorium and Antitrust Review Act of 2019, the bill would also establish a commission to review mergers, concentration, and market power in those sectors ...

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