The U.S. Department of Agriculture (USDA) says it aims to lower food prices and increase competition among agricultural businesses.
The department plans to work with 31 states and the District of Colombia to target unfair price-setting activities. It also plans to act against anticompetitive behavior in the food and agriculture sectors.
On Wednesday, the USDA said it would work with a group of attorneys from both political parties. It aims to enforce laws on price fixing and the consolidation of businesses.
The government says farmers have been unhappy about low prices for their products and unfair contracts with the biggest buyers and processors in the agriculture industry.
Months of rising food prices have some farm groups and lawmakers wondering if companies were unfairly raising prices. Recent reports, however, show that food prices are easing.
Source : VOA