TOTM

USDA Pushes Regulatory Elimination of Consumer Harm Requirement

Danny Sokol points to the Obama administration’s most recent effort to “reinvigorate” competition policy: some new proposed rules adding new sections to the existing regulations under the Packers & Stockyards Act. Emerging from the joint DOJ/ USDA agriculture workshops (see comments from Manne & Wright here; TOTM archives on agricultural antitrust here), the USDA must not have come away to impressed with the DOJ’s ability to enforce the antitrust laws on the behalf of consumers.  Either that, or the USDA was never too interested in consumers in the first place.

Read the full piece here