White House competition council seeks lower consumer prices | Business News
Other issues include corporate mergers, landlords who prevent renters from shopping around for internet services and removing requirements by companies such as John Deere that stop independent repair shops from fixing broken tractors and other machines.
The council is led by Brian Deese, director of the White House National Economic Council. He was expected to ask each agency to come back to the council’s next meeting with at least one new initiative.
Deese previewed efforts to improve transparency in the food sector at a Wednesday briefing with Agriculture Secretary Tom Vilsack.
The Biden administration is providing $500 million to help foster new competitors in food processing in order to counter the four companies that control the majority of the market for beef, poultry, and pork. It has also creating market reports for transparency in cattle markets, new rules on “Product of the USA” labeling and greater enforcement of the…
