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CR testimony before Senate Judiciary Committee on competition issues in the food supply chain

Description: Consumer Reports testified at a hearing before the Senate Judiciary Committee on competition problems in the food supply chain. One particular focus was beef, where 4 giant packers now control 856 percent of beef processing and call the shots. Consumer Reports testified how this choke point in supply chain was detrimental to a well-functioning marketplace that works for consumers. We also explained that this was an example of why the over-concentration in many sectors of our economy is harmful and needs to be addressed by strengthening our antitrust laws.