Establishes Food Supply Chain Security Task Forces at the Department of Justice (DOJ) and the Federal Trade Commission (FTC) to investigate anti-competitive behavior across U.S. food-related industries, including meat processing, seed, fertilizer, and equipment. Targets price fixing, market manipulation, and foreign control of food supply chains that may raise consumer costs or pose national and economic security risks, and authorizes enforcement actions, including criminal prosecutions where warranted.
The Task Forces must provide joint congressional briefings within 180 days and again within 365 days of the date of the order on their investigative progress and any recommended legislative actions.
