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Competition Policy and Agribusiness in the Biden Administration

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The Biden Administration implemented competition policy initiatives targeting livestock, poultry supply chains, farm inputs, and food retailing, including enhanced antitrust enforcement, USDA contract regulation reforms, and financial support for meat processing capacity, with ongoing evaluation of their potential impacts and policy implications.

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ABSTRACT The Biden Administration pursued a set of ambitious competition policy initiatives in agriculture and agribusiness, primarily aimed at livestock and poultry supply chains, farm inputs, and food retailing. The initiatives included expanded antitrust enforcement; new US Department of Agriculture (USDA) contract regulations requiring poultry processors to disclose more information to growers; and USDA financial support for expanded capacity in meat processing. I summarize the initiatives, evaluate what we know about their likely impacts, and discuss open research and policy issues.

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