Food & Agriculture Quarterly June 2020 - Page 5

FOOD & AGRICULTURE QUARTERLY | JUNE 2020 Congress and the White House maintain a focus on antitrust and agriculture during the pandemic ARLENE BORUCHOWITZ While many state leaders are implementing plans to lift or modify current quarantine orders, federal leaders are preparing for a postquarantine United States that nonetheless still faces the ongoing threat of COVID-19. Some federal leaders have set their sights on governmental action which has significant implications for the agricultural industry. Sen. Warren, Rep. Ocasio-Cortez to Introduce Pandemic Anti-Monopoly Act On April 28, 2020, Senator Elizabeth Warren (D-Mass) and Representative Alexandria Ocasio-Cortez (D-N.Y.) announced their intention to introduce the Pandemic Anti-Monopoly Act. According to Sen. Warren and Rep. Ocasio-Cortez, the proposed Act would impose a moratorium on “risky mergers and acquisitions—and stop large corporations from exploiting the pandemic to engage in harmful mergers and strengthen the federal government’s ability to respond effectively to future crises.” In support of the proposed legislation, Sen. Warren expressed her view PAGE 5