DOJ launches supply chain antitrust initiative

The Department of Justice is launching an initiative to deter, detect, and prosecute companies that exploit supply chain disruptions to engage in anticompetitive conduct.

Iowa U.S. Senator Chuck Grassley tells Brownfield he’s written several letters to the DOJ as farmers face record-high input prices.

“For instance, the company that’s got (I think) 82 percent of the control of the phosphorous, and then whether or not there’s some antitrust problems there or have been some antitrust problems.”

Jonathan Kanter with the Justice Department’s Antitrust Division says they will not allow companies to collude in order to overcharge consumers under the guise of supply chain disruptions.