Trump signs order to create food supply chain task forces to protect competition

WASHINGTON, ⁠Dec 6 (Reuters) – U.S. President ⁠Donald Trump has signed an executive ⁠order to establish food supply chain ​security task forces in the Justice ‍Department and the Federal Trade Commission (FTC) to address risks from price fixing ​and anti-competitive behavior, the White House said on Saturday.

“My Administration will act to ​determine whether anti-competitive behavior, especially by ⁠foreign-controlled companies, increases the ‌cost of living for Americans and address any ⁠associated national security ​threat to food supply chains,” ‌Trump said in the order.

The attorney general and ‍the FTC chairman may bring enforcement actions and propose new regulatory approaches if they uncover anti-competitive behavior during the investigation, according to the order.

(Reporting by Nandita Bose and ⁠Bhargav Acharya;Editing ‌by Chizu ⁠Nomiyama )

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