Trump signs executive order to tackle price fixing in meat, seed, and fertilizer industries due to an affordability crisis. Task forces to probe risks and anti-competitive practices. Vulnerable sectors identified.

President Donald Trump has recently issued an executive order establishing food-supply-chain security task forces within the Justice Department and the Federal Trade Commission (FTC) to combat risks such as price fixing and anti-competitive practices. The order signed on Saturday is intended to protect the stability and affordability of the American food supply, with a focus on addressing alleged anti-competitive actions by foreign-owned companies. According to the order, sectors like meat processing, seed, fertilizer, and equipment are susceptible to price fixing and anti-competitive behaviors. These task forces will probe these industries to ascertain if anti-competitive conduct exists within the U.S. food supply chains. Additionally, they will investigate if foreign control of food-related sectors is contributing to... (continued on Benzinga.com)