Addressing Security Risks From Price Fixing and Anti-Competitive Behavior in the Food Supply Chain
1. Purpose
Executive Order 14364 aims to mitigate national security risks and price fixing in the food supply chain by investigating anti-competitive behaviors and establishing accountability measures within related industries.
2. Key Actions And Directives
- Establishment of Food Supply Chain Security Task Forces: The Attorney General and the Chairman of the FTC will form task forces to investigate anti-competitive practices and foreign control in the food industry.
- Conduct Investigations: The task forces will investigate food-related industries to assess competition, costs, and national security implications.
- Congressional Briefings: Task forces will report findings to Congress within specified timeframes while excluding sensitive ongoing investigation details.
- Enforcement Actions: If anti-competitive behavior is discovered, enforcement actions will be taken, including the initiation of criminal proceedings for collusion.
3. Important Points
- Risk Mitigation in Food Supply: The order emphasizes the investigation of potential risks to food supply security posed by price fixing and foreign control.
- Responsible Authorities: The Attorney General and FTC Chairman are designated as the main authorities for ensuring compliance and addressing anti-competitive behavior.
- Focus on National Security: The executive order links food supply chain integrity directly to national security interests.
- Non-Enforceability: Executive Order 14364 does not create legally enforceable rights for individuals against the government.
- Cost Responsibility: The Department of Justice is responsible for bearing the costs associated with the publication of this executive order.
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