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Antitrust has taken center stage under the Biden Administration, and the Food and Beverage industry has been one of the main targets of increased enforcement by the Federal Trade Commission and Department of Justice, Antitrust Division.
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Antitrust has taken center stage under the Biden Administration,
and the Food and Beverage industry has been one of the main targets
of increased enforcement by the Federal Trade Commission
("FTC") and Department of Justice, Antitrust Division
("DOJ") (together, the "Agencies"). Since the
pandemic, Americans have seen the cost of their grocery bills rise
and politicians on both sides of the aisle have taken notice.
President Biden's 2021
Executive Order on Promoting Competition in the American
Economy tasked the Agencies with investigating competition in
the food industry to address whether breakdowns in the competitive
process have caused harm to both consumers and labor. As we look
forward to the next presidential administration, Sheppard Mullin
DOJ and FTC veterans will offer thoughts and insights into what
antitrust enforcement will look like for the Food and Beverage
Industry going forward, including: merger review, pricing
investigations, and post-employment restrictions.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.