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Episode 114: The State of the American Food System with Austin Frerick

Regenerative Agriculture Podcast

NOTE

Discussion on Trust Busting, Monopolies, and USDA Issues in American Food System

The speaker discusses the current political will for trust busting and revoking monopolies, particularly evident in big tech cases. The appointment of Commissioner Lina Khan at the FTC is highlighted for her actions against tech giants. There's skepticism towards USDA's effectiveness due to its antitrust carve-out authority for meatpacking, citing issues with checkoffs which are government-mandated taxes mainly used for advertising. The corruption within checkoffs has led to financing of junk science and a revolving door phenomenon in DC. This lack of transparency and control by checkoffs over USDA operations raises doubts about the department's capabilities, especially highlighted by the reorganization under Secretary Perdue grouping meat antitrust authority with meat promotion, complicating the industry's regulation.

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