,,iia  #aag? ,,congress  #b;d ,session  
,s4 ,j4 ,,res4 #dg  ,,9 ,,! ,,s5ate ,,( 
,,! ,,unit$ ,,/ates  ,may #ai           
7legislative day1 ,may #ag71 #bjbb,ms4  
,w>r5 7= h]self & ,mr4 ,r\nds7 introduc$
 ! foll[+ jo9t resolution2 :i* 0 read   
twice & ref]r$ to ! ,committee on !     
,judici>y  ,,jo9t ,,resolution  ,direct+
 ! ,f$]al ,trade ,commission to         
inve/igate & report on anticompetitive  
practices & violations ( antitru/ law 9 
! beef pack+ indu/ry4  ,:]eas sections  
#f & #f;,a ( ! ,f$]al ,trade ,commission
 ,act 7#ae ,u4,s4,c4 #df1 #df;a7        
au?orize ,congress1 ?r\gh a resolution  
pass$ by ! ,s5ate & ! ,h\se (           
,repres5tatives1 to direct ! ,f$]al     
,trade ,commission to inve/igate &      
report ! facts relat+ to any alleg$     
violations ( antitru/ law by any        
corporation2 ,:]eas ran*]s 9 ! ,unit$   
,/ates receive approximately #ci c5ts ( 
e doll> a consum] sp5ds on beef1 comp>$ 
to ! #fj c5ts ( e doll> !y receiv$ #ej  
ye>s ago2 ,:]eas1 ea* ye> s9ce #aihj1 an

 av]age ( ne>ly #ag1jjj cattle ran*]s h 
gone out ( bus9ess2 ,:]eas1 betwe5 #bjae
 & #bjah1 ! diff]5ce betwe5 ! co/ (     
:olesale beef & ! price paid to ran*]s  
increas$ by #fj p]c5t1 :ile ! top beef  
pack]s enjoy$ record pr(its2 ,:]eas beef
 pack+ companies h paid millions (      
doll>s to settle beef price-fix+ claims 
9 rec5t ye>s2 ,:]eas increas$           
mult9ational agribus9ess consolidation  
has put =eign firms 9 dom9ant positions 
)9 ! ,unit$ ,/ates beef pack+ indu/ry2  
,:]eas increas$ consolidation 9 ! beef  
pack+ indu/ry has expos$ vuln]abilities 
9 ! food supply sy/em ( ! ,unit$ ,/ates2
 ,:]eas ! top #d beef pack]s increas$ _!
 m>ket %>e f #cb p]c5t to #he p]c5t 9 ! 
pa/ #c decades2 ,:]eas ! top #d beef    
pack]s control r\ghly #he p]c5t ( ! beef
 supply to ! :olesale m>ket 9 ! ,unit$  
,/ates2 & ,:]eas consolidat$ lawsuits 7 
fil$ aga9/ ! top #d beef pack]s ) _m    
compla9ts1 includ+ t ( a #aj-ye> quality
 assurance (fic] at a top #d beef pack] 
:o witness$ ! cutback on slaught] numb]s

 :5 f$ cattle prices rose above a       
specific ?re%old3 ,n[1 !re=e1 be x ,t ! 
,f$]al ,trade ,commission is direct$ to 
inve/igate &1 n lat] ?an #a ye> aft] !  
date ( enactm5t ( ?is ,act1 report to ! 
,committee on ! ,judici>y ( ! ,s5ate & !
 ,committee on ! ,judici>y ( ! ,h\se (  
,repres5tatives on-- 7#a7 ! ext5t (     
anticompetitive practices & violations (
 ! antitru/ laws 7z def9$ 9 ! fir/      
section ( ! ,clayton ,act 7#ae ,u4,s4,c4
 #ab77 9 ! beef pack+ indu/ry1 includ+--
 7,a7 price fix+2  7,b7 anticompetitive 
acquisitions2  7,c7 anticompetitive     
v]tical integration2  7,d7 dom9ance (   
supply *a9s2 &  7,e7 monopolization2    
7#b7 ! monet>y & o!r h>ms (             
anticompetitive practices & violations (
 ! antitru/ laws 9 ! beef pack+ indu/ry 
on consum]s1 ran*]s1 f>m]s1 plant       
work]s1 & small bus9esses2 &  7#c7      
recomm5dations = legislation1 or o!r    
rem$ial actions1 z appropriate4