The Biden administration unveiled a $1 billion plan intended to address rising inflation by increasing competition in the meat and poultry industry.
“Over the last few decades, we’ve seen too many industries become dominated by a handful of large companies that control most of the business and most of the opportunities—raising prices and decreasing options for American families, while also squeezing out small businesses and entrepreneurs,” a fact sheet from the Biden administration read.
“The meat and poultry processing sector is a textbook example, with lack of competition hurting…