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Moratorium on Agribusiness and Food Mergers

This act imposes a temporary ban on large mergers in the agricultural and food sectors to combat increasing market concentration. The goal is to protect small farmers, workers, and consumers from the negative effects of large company dominance, such as lower prices for farmers and higher prices in stores. Additionally, a commission will be established to study market concentration and propose legal changes.
Key points
Merger Ban: Companies in the agribusiness, food, and retail sectors with specific revenues will be prohibited from merging, aiming to prevent further market dominance.
Protecting Farmers and Consumers: The objective is to ensure fairer prices for farmers and prevent rising food prices for consumers by fostering greater competition.
Commission Establishment: A special commission will be formed to examine the impact of concentration on the food and agricultural market and propose legal solutions for a fairer and more competitive market.
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Expired
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Additional Information
Print number: 117_S_4245
Sponsor: Sen. Booker, Cory A. [D-NJ]
Process start date: 2022-05-18
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Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Food and Agribusiness Merger Moratorium and Antitrust Review Act of 2022

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_S_4245.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2022-05-18.

What are the main provisions?

Key points include:

  • Merger Ban: Companies in the agribusiness, food, and retail sectors with specific revenues will be prohibited from merging, aiming to prevent further market dominance.
  • Protecting Farmers and Consumers: The objective is to ensure fairer prices for farmers and prevent rising food prices for consumers by fostering greater competition.
  • Commission Establishment: A special commission will be formed to examine the impact of concentration on the food and agricultural market and propose legal solutions for a fairer and more competitive market.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Sen. Booker, Cory A. [D-NJ].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-29.

CATEGORIES

Agriculture Economy Courts and Law