The U.S. Senate has approved the confirmation of President Joe Biden’s choice to head up the Anti Trust Division at the U.S. Justice Department. Nominee Jonathan Kanter was approved on a 68 to 29 vote. That’s the key position many cattle groups are hoping will protect their rights and go after the 4 Big Meat Packers. South Dakota Stock Grower’s Association and Organization for Competitive Markets President Vaughn Meyer is pleased the Senate made the confirmation and is hopeful those laws are vigorously enforced.
He says the concentration problem caused by the BIG 4 controlling the Meat Packing Industry was just the start of increased corporate control over all aspects of American business.
Meyer says the false message consumers get is that as businesses enlarge, that’ll be helpful to buyers when the reverse is actually the case.
hE says what’s happened is the Meat Pacekers are in many cases mmaking record profits,
independent cattle producers are going out of business and consumers are paying more.
