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S 2252 106th Congress Senate Agriculture and Food Administrative fees Administrative remedies Advice and consent of the Senate Agribusiness Agricultural economics Agricultural industries Agricultural prices Antitrust actions Antitrust law Civil actions and liability Commerce Competition Congress Conspiracy Contracts Corporate governance Corporate mergers Corporation directors Damages

Agriculture Competition Enhancement Act

Introduced: March 20, 2000 Introduced by: Grassley, Chuck Republican · Iowa See on congress.gov
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 Everywhere this bill has been 4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 28, 2000
Committee on the Judiciary Subcommittee on Antitrust, Business Rights, and Competition. Hearings held. With printed Hearing: S.Hrg. 106-1039.
Mar 20, 2000
Read twice and referred to the Committee on the Judiciary.
Mar 20, 2000
Sponsor introductory remarks on measure. (CR S1463-1464)
Mar 20, 2000
Introduced in Senate
 Plain-English summary Congressional Research Service
Agriculture Competition Enhancement Act - Establishes within the Department of Agriculture a Special Counsel for Competition Matters, to be appointed by the President subject to the advice and consent of the Senate.

(Sec. 4) Directs the Assistant Attorney General of the Antitrust Division of the Department of Justice or the Federal Trade Commission to notify the Secretary of Agriculture of specified (size- and market share-related) agribusiness premerger filings under the Clayton Act, and provide the Secretary with an opportunity to participate in such review. States that in addition to such antittrust review the Special Counsel shall conduct a contemporaneous review of the proposed action's marketplace effect on independent producers and family farmers, and may challenge such merger or acquisition.

Authorizes the Special Counsel to request notification of a smaller merger or acquisition that may threaten market competition.

Sets forth procedural provisions.

Amends the Clayton Act with respect to proposed agricultural mergers or acquisitions.

(Sec. 5) Sets forth: (1) unlawful practices for agricultural dealers, processors, commission merchants, or brokers; and (2) related enforcement provisions.

(Sec. 6) Requires specified dealers, processors, commission merchants, or brokers to report annually respecting their corporate structure.

(Sec. 7) Prohibits confidentiality clauses in livestock and poultry production contracts.

(Sec. 8) Amends the Packers and Stockyards Act, 1921 to: (1) remove the slaughter requirement from the definitions of "poultry grower," "poultry growing arrangement," and "live poultry dealer;" and (2) extend administrative enforcement authority to live poultry dealers.

(Sec. 9) Amends the Consolidated Farm and Rural Development Act to authorize business and industry guaranteed loans for non-rural sited, farmer-owned projects that add value to or process agricultural commodities.

(Sec. 10) Directs the Secretary to hire sufficient staff to carry out agribusiness merger review and related enforcement activities. Authorizes appropriations.

(Sec. 11) Authorizes appropriations for the Grain Inspection, Packers and Stockyards Administration to monitor the competitive implications of structural changes in the meat packing industry. Earmarks funds for enforcement activities.

(Sec. 12) Establishes within the Antitrust Division of the Department of Justice an Assistant Attorney General for Agricultural Antitrust Matters.

(Sec. 13) Increases certain Federal Trade Commission premerger filing fees (Hart-Scott-Rodino filing fees), to be partially earmarked for agribusiness-related staff increases at the Transportation, Energy and Agriculture section of the Department of Justice.

What's happening now September 28, 2000

Committee on the Judiciary Subcommittee on Antitrust, Business Rights, and Competition. Hearings held. With printed Hearing: S.Hrg. 106-1039.

 Committees of jurisdiction 2