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U.S. Department of Justice Seal and Letterhead
FOR IMMEDIATE RELEASE
FRIDAY, AUGUST 27, 2010
WWW.JUSTICE.GOV
AT
(202) 514-2007
TDD (202) 514-1888


DEPARTMENT OF JUSTICE AND USDA HOLD WORKSHOP FOCUSED ON
COMPETITION ISSUES IN THE LIVESTOCK INDUSTRY

Fort Collins, Colo., Workshop is the Fourth of Five on Competition Issues in Agriculture

WASHINGTON — The Department of Justice and the U.S. Department of Agriculture (USDA) today held the fourth of five joint public workshops to explore the appropriate role for antitrust and regulatory enforcement in American agriculture. The workshop, led by Agriculture Secretary Tom Vilsack and U.S. Attorney General Eric Holder, examined competition in the livestock industry and featured panel discussions on trends in the livestock industry, market consolidation and market transparency. The workshop also included opportunities for public comments.

Today's meeting was the fourth in a series of workshops intended to promote dialogue among interested parties and foster learning with a diverse group of stakeholders regarding competition and regulatory issues in the agricultural marketplace. These workshops are the first-ever to be held by the Department of Justice and the USDA to discuss competition and regulatory issues in the agriculture industry. Additional information about the workshops can be found at www.justice.gov/atr/public/workshops/ag2010/index.htm#overview.

"Ultimately, today's conversation is about much more than simply last year's trends or this year's challenges. It's about livelihoods, families, this region's economy and our centuries-old American way of life," said Attorney General Holder. "We've made these workshops a cabinet-level priority so that we can most effectively and efficiently determine how to ensure a fairer, more competitive marketplace for producers and consumers alike."

"Given the consolidation that has taken place in the livestock industry over the past decades, it is critical to ensure a fair market still exists to give all players an honest chance at success," said Secretary Vilsack. "A fair and competitive marketplace is important not only for producers, but also for consumers, and today's open and transparent dialogue with ranchers, farmers, academics and other industry stakeholders will provide us with a understanding of the complex issues in this important industry."

Secretary Vilsack and Attorney General Holder began the workshop with opening remarks before leading a roundtable discussion, in which Christine Varney, Assistant Attorney General for the Antitrust Division, participated with other federal and state officials, on competition issues in agriculture and the livestock industry. After the roundtable discussion, a panel of producers and feeders from throughout the country shared their first-hand experiences and perspectives on the industry. USDA and Justice Department officials then listened to public testimony from audience members.

In the afternoon, another panel will discuss trends in the livestock industry, including issues associated with contracting, price transparency and the effects of concentration. The final panel of various market participants will discuss market structure issues in the livestock industry. There will be an opportunity for more public testimony after the final panel.

The workshop was held in Fort Collins, Colo., at the Lory Student Center on the Colorado State University campus and was attended by several key federal and state leaders, including Governor Bill Ritter, U.S. Rep. Betsy Markey, Colorado Attorney General John Suthers, Colorado Commissioner of Agriculture John Stulp and Montana Attorney General Steve Bullock.

Videos and transcripts from today's workshop will be available for review at a later date on the Antitrust Division's website at www.justice.gov/atr/public/workshops/ag2010/index.htm#dates. Individuals seeking more information on the workshops should contact agriculturalworkshops@usdoj.gov.

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MEDIA CONTACTS:

U.S. Department of Justice
Office of Public Affairs
Alisa Finelli
202-514-2007
U.S. Department of Agriculture
Office of Communications
Jim Brownlee
202-720-4623

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