Expert on Biden’s Meat Industry Regulation

NTD Staff
By NTD Staff
January 6, 2022NTD News Today
share

President Joe Biden is attempting to tackle high meat prices. His approach is government regulation and enforcing anti-competition laws. And that’s on top of allocating $1 billion from the stimulus package to help meat packers compete with four larger companies. The White House says these four businesses control about 85 percent of the beef market. NTD spoke with Justin Olson, a member of the Arizona Corporation Commission. He shares his view on Biden’s claim that cracking down on monopolies will reduce inflation.

ntd newsletter icon
Sign up for NTD Daily
What you need to know, summarized in one email.
Stay informed with accurate news you can trust.
By registering for the newsletter, you agree to the Privacy Policy.
Comments