,i #aai? ,,congress #b;d ,session ,h4 ,r4 #igdd ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,july #af1 #bjbf,ms4 ,jayapal 7= h]self1 ,mr4 ,deluzio1 ,mr4 ,ryan1 ,ms4 ,norton1 ,mr4 ,g>ca ( ,ill9ois1 ,ms4 ,bal9t1 ,mr4 ,johnson ( ,georgia1 ,ms4 ,r&all1 ,ms4 ,lee ( ,p5nsylvania1 ,mrs4 ,f\%ee1 ,mrs4 ,watson ,coleman1 ,mr4 ,?an$>1 ,ms4 ,ans>i1 & ,mr4 ,fro/7 introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ! ,judici>y1 & 9 addition to ! ,committees on ,en]gy & ,comm]ce1 ,small ,bus9ess1 & ,agriculture1 = a p]iod to be subsequ5tly det]m9$ by ! ,speak]1 9 ea* case = consid]ation ( su* provisions z fall )9 ! jurisdiction ( ! committee conc]n$ ,a ,,bill ,to re/ore competition 9 ! meatpack+ indu/ry by r$uc+ excessive conc5tration & m>ket p[] & ultimately r$uce prices = ,am]ican consum]s1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,family ,groc]y & ,f>m] ,relief ,act4 #b4 ,f9d+s & purposes 7a7 ,f9d+s ,congress f9ds ! foll[+3 7#a7 ,! meatpack+ indu/ry 9 ! ,unit$ ,/ates is highly conc5trat$1 ) a small numb] ( firms controll+ a dom9ant %>e ( beef1 *ick51 & pork slaught]+ & process+4 7#b7 #d firms control #he p]c5t ( ! beef m>ket & #fg p]c5t ( ! pork m>ket1 :i* is up f #cf p]c5t & #cd p]c5t1 respectively1 9 #aihj4 7#c7 #d firms control m ?an #fj p]c5t ( ! m>ket 9 *ick5 process+4 7#d7 ,! scale & m>ket dom9ance ( l>ge meatpack+ firms create sub/antial b>ri]s to entry & expansion = indep5d5t & regional processors1 limit+ competitive alt]natives = produc]s & consum]s4 7#e7 ,?is highly consolidat$ meatpack+ m>ket has real consequ5ces = f>m]s1 work]s1 & consum]s4 7#f7 ,meatpack]s h repeat$ly us$ _! m>ket p[] 9 ways t suppress wages1 de/roy jobs ?r\gh /rategic plant %utd[ns1 & subject work]s to extremely dang]\s conditions :ile prices are to _! advantage4 7#g7 ,extreme conc5tration 9 meatpack+ has result$ 9 dim9i%$ b>ga9+ p[] = indep5d5t produc]s1 increas$ vuln]ability to unfair & discrim9atory practices1 & r$uc$ economic viability = rural communities4 7#h7 ,consum]s are pay+ m = meat1 ) ! ,dep>tm5t ( ,agriculture report+ t gr\nd beef prices h increas$ ab\t #af4d p]c5t s9ce la/ ye>4 ,mean:ile1 increas$ rev5ue is n fl[+ to f>m]s & ran*]s z-- 7,a7 9 #aigj1 #gj p]c5t ( ! consum]'s beef doll> w5t to cattle ran*]s1 b today1 ran*]s' %>e ( ! consum]'s beef doll> is clos] to #cj p]c5t2 & 7,b7 pr(its rema9 ) ! big #d cov]$ meatpack+ ent]prises4 7#i7 ,! public int]e/ requires competitive1 transp>5t1 & resili5t m>kets = ess5tial food products4 7b7 ,purposes ,! purposes ( ?is ,act are to-- 7#a7 re/ore competition 9 ! meatpack+ indu/ry by r$uc+ excessive conc5tration & m>ket p[]2 7#b7 prohibit & rev]se m]g]s & acquisitions 9 ! meatpack+ sector t h mat]ially less5$ competition2 7#c7 au?orize & require /ructural sep>ation1 dive/iture1 or breakup ( dom9ant meatpack+ firms1 :]e necess>y1 to re/ore competitive m>ket conditions2 7#d7 ensure t no firm reta9s or exp&s m>ket p[] 9 ,unit$ ,/ates food & agricultural m>kets ?r\gh capital obta9$ by corruption1 brib]y1 or o!r unlawful conduct2 7#e7 d5y competitive advantage d]iv$ f =eign ,/ate-back$ or non-m>ket f9anc+ t und]m9es fair competition 9 ,unit$ ,/ates m>kets2 7#f7 protect indep5d5t cattle produc]s f abusive1 co]cive1 or discrim9atory practices aris+ f excessive buy] conc5tration2 7#g7 ensure t any re/ructur+ ( ! indu/ry results 9 saf]1 fair]1 & m su/a9able jobs = work]s across ! supply *a92 7#h7 promote ! gr[? & viability ( indep5d5t & regional meat processors2 & 7#i7 help br+ prices d[n = families 9 ! ,unit$ ,/ates4 #c4 ,def9itions ,9 ?is ,act3 7#a7 ,beef meatpack+ m>ket ,! t]m beef meatpack+ m>ket means ! m>ket = cattle slaught] & beef process+ 9 ! ,unit$ ,/ates1 includ+ ! national beef m>ket & regional beef m>kets4 7#b7 ,commission ,! t]m ,commission means ! ,f$]al ,trade ,commission4 7#c7 ,cov]$ fe$lot ,! t]m cov]$ fe$lot means a fe$lot ) a capacity ( #bd1jjj head ( cattle or m4 7#d7 ,cov]$ =eign-controll$ meatpack+ ent]prise ,! t]m cov]$ =eign-controll$ cov]$ meatpack+ ent]prise means-- 7,a7 ,,jbs ,s4,a4 & its affiliates2 & 7,b7 any o!r entity1 z det]m9$ by rule by ! ,commission4 7#e7 ,cov]$ meatpack+ ent]prise 7,a7 ,9 g5]al ,subject to subp>agraph 7,b71 ! t]m cov]$ meatpack+ ent]prise has ! mean+ giv5 ! t]m pack] 9 section #bja ( ! ,pack]s & ,/ocky>ds ,act1 #aiba 7#g ,u4,s4,c4 #aia74 7,b7 ,rulemak+ ,n lat] ?an #ij days aft] ! date ( enactm5t ( ?is ,act1 ! ,commission %all1 by rule1 def9e = purposes ( ?is ,act-- 7i7 a de m9imus ?re%old ( volume or rev5ue bel[ :i* a p]son %all be exclud$ f ! def9ition ( a cov]$ meatpack+ ent]prise "u subp>agraph 7,a72 & 7ii7 ! requirem5ts t place a p]son "u common control or 9 affiliation ) a cov]$ meatpack+ ent]prise su* t ! entity %all be includ$ 9 ! def9ition ( a cov]$ meatpack+ ent]prise "u subp>agraph 7,a74 7#f7 ,,cr#d ,! t]m ,,cr#d means ! sum ( ! m>ket %>es ( ! #d l>ge/ firms 9 ! relevant m>ket4 7#g7 ,f>m]s' coop]ative ,! t]m f>m]s' coop]ative means an organization exempt f taxation "u section #eba ( ! ,int]nal ,rev5ue ,code ( #aihf4 7#h7 ,fe$lot ,! t]m fe$lot-- 7,a7 means any facility t is us$ 9 its entirety or 9 "p = ! purpose ( fe$+ live/ock to be slaught]$1 or to be sold = slaught]1 by ano!r2 & 7,b7 does n include fe$+ incid5tal to ! sale or transportation ( live/ock4 7#i7 ,,hhi ,! t]m ,,hhi means ! ,h]f9dahl-,hirs*man ,index1 calculat$ z ! sum ( ! squ>es ( ! m>ket %>es ( all firms 9 ! relevant m>ket4 7#aj7 ,l9e ( prote9 ,! t]m l9e ( prote9 means live/ock1 live/ock products 7z def9$ 9 section #b ( ! ,pack]s & ,/ocky>ds ,act1 #aiba 7#g ,u4,s4,c4 #ahb771 p\ltry1 p\ltry products 7z def9$ 9 section #d ( ! ,p\ltry ,products ,inspection ,act 7#ba ,u4,s4,c4 #dec771 meats1 or meat food products 7z def9$ 9 section #a ( ! ,f$]al ,meat ,inspection ,act 7#ba ,u4,s4,c4 #fja77 9 ea* ( ! foll[+ product categories3 7,a7 ,beef 7includ+ cattle slaught]1 beef process+1 & beef products74 7,b7 ,pork 7includ+ hog slaught]1 pork process+1 & pork products74 7,c7 ,p\ltry 7includ+ *ick5 slaught]1 process+1 & *ick5 products74 7,d7 ,any additional category1 z ! ,commission may1 by rule1 designate to prev5t evasion ( ?is ,act4 7#aa7 ,m>ket %>e ,! t]m m>ket %>e means ! %>e ( total slaught] or process+ capacity1 volume1 or sales 9 ! relevant m>ket1 z det]m9$ by rule by ! ,commission4 7#ab7 ,national beef m>ket ,! t]m national beef m>ket means ! m>ket ( ! ,unit$ ,/ates z a :ole1 or su* broad] integrat$ geographic m>ket z ! ,commission det]m9es appropriate1 = ! slaught] ( cattle & process+ ( beef products4 7#ac7 ,regional beef m>ket ,! t]m regional beef m>ket means a geographic m>ket def9$ by ref]5ce to ! regional direct slaught] cattle report+ regions ( ! ,dep>tm5t ( ,agriculture1 or any successor sy/em ( regional del9eation ! ,commission det]m9es bett] reflects competitive conditions4 ,i ,break+ up ! meatpack+ indu/ry #aja4 ,limitation on op]ation 9 multiple l9es ( prote9 7a7 ,prohibition 7#a7 ,9 g5]al ,x %all be unlawful = a cov]$ meatpack+ ent]prise to own1 control1 or op]ate any entity or comb9ation ( entities t engag$ 9 m ?an #a l9e ( prote9 9 ! ,unit$ ,/ates1 9 or affect+ int]/ate or =eign comm]ce4 7#b7 ,prohibition on new acquisitions ,on & aft] ! date ( enactm5t ( ?is ,act1 no cov]$ meatpack+ ent]prise may acquire1 directly or indirectly1 control ( assets or op]ations 9 a l9e ( prote9 o!r ?an ! l9e ( prote9 9 :i* ! cov]$ meatpack+ ent]prise already engages1 9 violation ( p>agraph 7#a74 7b7 ,dive/iture requir$ ,! ,commission %all require dive/iture pursuant to section #ajb ( any cov]$ meatpack+ ent]prise t violates subsection 7a74 #ajb4 ,dive/iture au?ority 7a7 ,commission au?ority 7#a7 ,9 g5]al ,) respect to any violation ( section #aja1 ! ,commission %all develop & ov]see a dive/iture plan = ! cov]$ meatpack+ ent]prise t provides =-- 7,a7 ! sale ( assets to #a or m indep5d5t entities2 or 7,b7 ! creation ( #a or m new1 indep5d5t entities ?r\gh sp9-(f or o!r /ructural sep>ation4 7#b7 ,/&>ds ,9 ex]cis+ its au?ority "u p>agraph 7#a71 ! ,commission %all-- 7,a7 act 9 a mann] consi/5t ) ! public int]e/ 9 promot+ competition1 protect+ consum]s1 produc]s1 & work]s1 & ensur+ a resili5t food supply1 z describ$ 9 section #fjb2 & 7,b7 to ! maximum ext5t practicable1 /ructure dive/itures "u ?is section s z to-- 7i7 avoid reconc5tration ( assets2 7ii7 enc\rage own]%ip & control ( dive/$ assets by f>m]s' coop]atives1 work] own$ ent]prises1 & o!r small or mid siz$ bus9esses2 & 7iii7 prev5t reacquisition ( dive/$ assets by firms ^: m>ket p[] contribut$ to ! ne$ = dive/iture4 7b7 ,transition2 compliance plans 7#a7 ,9 g5]al ,n lat] ?an #abj days aft] ! date ( enactm5t ( ?is ,act1 ! ,commission %all develop a plan = ! dive/iture ( ea* cov]$ meatpack+ ent]prise t1 z ( ! date ( enactm5t ( ?is ,act1 is engag$ 9 ! process+ ( m ?an #a l9e ( prote9 9 violation ( section #aja4 7#b7 ,comm5t ,n lat] ?an #cj days aft] ! developm5t ( a plan "u ?is section1 a cov]$ meatpack+ ent]prise %all submit to ! ,commission any comm5ts on ! plan4 7#c7 ,approval ( plan ,foll[+ ! end ( ! comm5t p]iod "u p>agraph 7#b71 ! ,commission %all consid] & respond to significant comm5ts receiv$ "u t p>agraph & approve a f9al v]sion ( ! plan4 ,,ii ,specific rules = consolidation 9 beef meatpack+ m>ket #bja4 ,prohibition on unlawful horizontal consolidation ,! ,commission %all require dive/iture pursuant to section #bjb1 z applicable1 if 9 a regional beef m>ket or 9 a national beef m>ket-- 7#a7 ! ,,hhi exce$s #ahjj2 7#b7 ! ,,cr#d exce$s #ej p]c5t2 or 7#c7 any cov]$ meatpack+ ent]prise has a m>ket %>e ( #cj p]c5t or m4 #bjb4 ,regional & national beef m>ket dive/iture au?ority & process 7a7 ,9 g5]al ,dive/iture "u ?is section may consi/ (-- 7#a7 sale ( #a or m entities1 facilities1 or bus9ess units to #a or m indep5d5t entities2 or 7#b7 ! creation ( #a or m new1 indep5d5t entities1 includ+ ?r\gh sp9-(fs or o!r /ructural sep>ation4 7b7 ,dive/iture 9 regional beef m>kets 7#a7 ,9 g5]al 7,a7 ,violation "u ,,hhi or ,,cr#d measures ,) respect to a condition describ$ 9 p>agraph 7#a7 or 7#b7 ( section #bja1 ! ,commission %all ord] dive/iture 9 ! regional m>ket z foll[s3 7i7 ,! l>ge/ cov]$ meatpack+ ent]prise 9 ! regional beef m>ket t owns multiple beef slaught] or process+ entities 9 t region %all dive/ its l>ge/ entity1 facility1 or bus9ess unit 9 t region4 7ii7 ,aft] ! dive/iture requir$ "u clause 7i71 ! ,commission %all reassess ! conc5tration 9 ! regional beef m>ket "u section #bja7;a74 7iii7 ,if #a or m ?re%olds describ$ 9 section #bja is met aft] ! reassessm5t "u clause 7ii71 ! ,commission %all repeat ! process describ$ 9 clauses 7i7 & 7ii7 z necess>y1 includ+ by ord]+ fur!r dive/itures1 until no ?re%old describ$ 9 section #bja is met or until ! ,commission det]m9es t fur!r dive/iture w\ld n r$uce m>ket conc5tration4 7,b7 ,violation "u s+le firm m>ket %>e measure ,) respect to a condition describ$ 9 section #bja7c71 ! ,commission %all ord] dive/iture 9 ! regional m>ket ( ! cov]$ meatpack+ ent]prise meet+ t condition4 7#b7 ,use ( equitable p[]s to deconc5trate ! m>ket ,if ! ,commission is unable to ord] fur!r dive/itures "u subp>agraph 7,a77iii7 ( p>agraph 7#a7 & #a or m ?re%olds describ$ 9 section #bja is /ill met1 su* z if ! l>ge/ cov]$ meatpack+ ent]prise has only #a entity1 facility1 or bus9ess unit 9 ! m>ket :i* _c be divid$1 ! ,commission %all use all equitable p[]s to o!rwise deconc5trate ! m>ket until ! ,commission det]m9es t none ( ! ?re%olds describ$ 9 section #bja are met4 7c7 ,dive/iture 9 national beef m>ket ,9 ! national beef m>ket1 ! ,commission %all apply a sub/antially simil> process to ! process describ$ 9 subsection 7b71 z appropriate1 to require dive/iture by cov]$ meatpack+ ent]prises 7includ+ by ord]+ dive/iture ( specifi$ entities1 facilities1 or bus9ess units1 or o!r assets7 & use all equitable p[]s to deconc5trate ! m>ket until ! ,commission det]m9es t none ( ! ?re%olds describ$ 9 section #bja are met4 #bjc4 ,v]tical consolidation 7a7 ,f9d+s ,congress f9ds t ! long-t]m supply contracts & simil> arrangem5ts betwe5 l>ge pack]s & l>ge fe$lots c be functionally equival5t to own]%ip1 lead+ ov] "t to consolidation ( fe$lots1 r$uc$ dem& = cattle f indep5d5t produc]s1 & dim9i%$ competition4 7b7 ,prohibition ,no cov]$ meatpack+ ent]prise 9 ! beef l9e ( prote9 may slaught]1 9 any cal5d> ye>1 m ?an #aj p]c5t ( ! cattle produc$ by any s+le cov]$ fe$lot4 7c7 ,private "r ( action 7#a7 ,9 g5]al ,if a cov]$ meatpack+ ent]prise violates subsection 7b71 any fe$lot own] or op]ator t sold "s p]c5tage less ?an #aj p]c5t ( its cattle to t cov]$ meatpack+ ent]prise dur+ ! cal5d> ye> ( ! violation may br+ a civil action aga9/ ! cov]$ meatpack+ ent]prise 9 ! ,f$]al judicial di/rict 9 :i* ! fe$lot is locat$ or 9 an appropriate ,unit$ ,/ates di/rict c\rt to recov]-- 7,a7 an am\nt equal to #c times ! diff]5ce betwe5 ! highe/ price ! cov]$ meatpack+ ent]prise paid = cattle f any cov]$ fe$lot & ! l[e/ price ! fe$lot own] or op]ator receiv$ = cattle dur+ ! cal5d> ye> ( ! violation multipli$ by ! total numb] ( cattle ! fe$lot own] or op]ator sold ov]all dur+ t cal5d> ye>2 & 7,b7 reasonable co/s & attorney's fees4 7#b7 ,civil p5alty to address private injuries ,! ,commission may impose on any cov]$ meatpack+ ent]prise violat+ subsection 7b7 a civil p5alty equal to ! am\nt describ$ 9 p>agraph 7#a77;,a7 ) respect to ea* fe$lot own] or op]ator t sold less ?an #aj p]c5t ( its cattle to ! cov]$ meatpack+ ent]prise & %all use ! am\nt recov]$ to comp5sate su* fe$lots4 ,,iii ,prohibit+ =eign lev]age ov] ! dome/ic beef & pork m>kets #cja4 ,f9d+s ,congress f9ds ! foll[+3 7#a7 ,a significant portion ( dome/ic beef1 pork1 & *ick5 process+ capacity is own$ or controll$ by =eign-bas$ mult9ational corporations1 rais+ conc]ns relat+ to food sy/em resili5ce1 transp>5cy1 & national security4 7#b7 ,,jbs ,s4,a41 a =eign-bas$ mult9ational corporation1 is ! l>ge/ beef processor op]at+ 9 ! ,unit$ ,/ates & has obta9$ sub/antial dome/ic meatpack+ assets ?r\gh a su/a9$ acquisition /rategy4 7#c7 ,9 #bjbj1 ,j,f ,inve/im5tos ,s4,a4 7! p>5t company ( ,,jbs ,s4,a47 agre$ to pay m ?an #bhj1jjj1jjj to settle ,dep>tm5t ( ,ju/ice & ,securities & ,ex*ange ,commission *>ges relat+ to brib]y & o!r corrupt practices involv+ =eign gov]nm5t (ficials to obta9 pref]5tial f9anc+ & o!r f9ancial advantages f ,/ate-back$ in/itutions4 ,capital obta9$ ?r\gh su* corrupt practices 0 us$1 9 :ole or 9 "p1 to f9ance acquisitions ( meatpack+ & food process+ assets 9 ! ,unit$ ,/ates4 7#d7 ,! use ( corruption-d]iv$ or pref]5tial ,/ate-back$ f9anc+ to acquire ,unit$ ,/ates agricultural assets di/ort$ competitive conditions & disadvantag$ firms t reli$ on lawful1 m>ket-bas$ f9anc+4 7#e7 ,! ,p's ,republic ( ,*9a has an increas+ footpr9t 9 ! food supply *a9 9 ! ,unit$ ,/ates1 ) ,smi?field ,foods1 own$ by ! ,,: ,gr\p ( ! ,p's ,republic ( ,*9a1 hold+ a major position 9 ,unit$ ,/ates pork process+ & ann\nc+ 9 ,janu>y #bjbf its acquisition ( ,na?an's ,fam\s1 an iconic br& ( ! ,unit$ ,/ates4 7#f7 ,:5 major process+ capacity & widely recogniz$ br&s 9 ! ,unit$ ,/ates move "u ! control ( a =eign p>5t company1 ! public des]ves to "k h[ t affects competition1 pric+ p[]1 & national security4 #cjb4 ,dive/iture plans = cov]$ =eign-controll$ meatpack+ ent]prises 7a7 ,9 g5]al ,x %all be unlawful = any cov]$ =eign-controll$ meatpack+ ent]prise to op]ate 9 int]/ate comm]ce 9 ! ,unit$ ,/ates4 7b7 ,dive/iture requir$ 7#a7 ,9 g5]al ,n lat] ?an #abj days aft] ! date ( enactm5t ( ?is ,act1 ! ,commission %all require ea* cov]$ =eign-controll$ meatpack+ ent]prise violat+ subsection 7a7 to c>ry out a dive/iture plan "u p>agraph 7#b74 7#b7 ,/ructure ,a dive/iture plan ( a cov]$ =eign-controll$ meatpack+ ent]prise "u ?is p>agraph %all-- 7,a7 be develop$ by ! ,commission2 & 7,b7 require ! cov]$ =eign-controll$ meatpack+ ent]prise to dive/ its ,unit$ ,/ates meatpack+ & food process+ op]ations1 :i* may require t su* op]ations be-- 7i7 transf]r$ to #a or m new1 indep5d5t entities headqu>t]$1 incorporat$1 & controll$ by p]sons domicil$ 9 ! ,unit$ ,/ates2 or 7ii7 sold to #a or m entities1 subject to conditions necess>y to pres]ve & enhance competition & safegu>d national security int]e/s1 includ+1 z appropriate1 9 consultation ) relevant national security ag5cies4 7#c7 ,/&>ds ,9 ex]cis+ its au?ority "u p>agraph 7#a71 ! ,commission %all-- 7,a7 act 9 a mann] consi/5t ) ! public int]e/ 9 promot+ competition1 protect+ consum]s1 produc]s1 & work]s1 & ensur+ a resili5t food supply1 z describ$ 9 section #fjb2 & 7,b7 to ! maximum ext5t practicable1 /ructure dive/itures "u ?is section s z to-- 7i7 avoid reconc5tration ( assets2 7ii7 enc\rage own]%ip & control ( dive/$ assets by f>m]s' coop]atives1 work] own$ ent]prises1 & o!r small or mid siz$ bus9esses2 & 7iii7 prev5t reacquisition ( dive/$ assets by firms ^: m>ket p[] contribut$ to ! ne$ = dive/iture4 7#d7 ,consid]ation ( corruption & unlawful conduct ,9 design+ ! dive/iture plan "u ?is p>agraph1 ! ,commission may take into acc\nt prior admissions & f9d+s relat+ to corruption1 brib]y1 & o!r unlawful conduct us$ to obta9 f9anc+ = ,unit$ ,/ates acquisitions1 includ+ settlem5ts & judgm5ts "u ! ,=eign ,corrupt ,practices ,act ( #aigg 7#ae ,u4,s4,c4 #gh;dd-#a et seq474 7#e7 ,ext5sion ,) respect to a cov]$ =eign-controll$ meatpack]1 ! ,commission may grant a s+le ext5sion ( n m ?an #ij days ( ! date on :i* ! prohibition "u subsection 7a7 w\ld o!rwise apply to ! cov]$ =eign-controll$ meatpack+ ent]prise if ! ,commission c]tifies to ,congress t-- 7,a7 a pa? to execut+ a dive/iture "u ?is subsection has be5 id5tifi$ ) respect to su* cov]$ =eign-controll$ meatpack+ ent]prise2 7,b7 evid5ce ( significant progress t[>d execut+ su* dive/iture has be5 produc$ ) respect to su* cov]$ =eign-controll$ meatpack+ ent]prise2 & 7,c7 !re are 9 place ! relevant b9d+ legal agreem5ts to enable execution ( su* dive/iture dur+ ! p]iod ( su* ext5sion4 #cjc4 ,review ( o!r =eign-controll$ meatpack+ ent]prises 7a7 ,/udy & report ,n lat] ?an #ahj days aft] ! date ( enactm5t ( ?is ,act1 ! ,commission %all complete a /udy ( ! bus9ess practices1 f9anc+1 own]%ip /ructures1 & competitive effects ( all =eign-controll$ entities ) significant meatpack+ & relat$ op]ations 9 ! ,unit$ ,/ates1 includ+ ^? ( entities engag$ 9 beef or pork production & process+4 7b7 ,consultation ,9 conduct+ ! /udy "u subsection 7a71 ! ,commission %all consult ) appropriate national security ag5cies1 includ+ ! ,dep>tm5t ( ,def5se1 ! ,dep>tm5t ( ,homel& ,security1 ! ,(fice ( ! ,director ( ,national ,intellig5ce1 ! ,dep>tm5t ( ,agriculture1 ! ,dep>tm5t ( ,ju/ice1 & any o!r relevant ag5cy z det]m9$ by ! ,commission4 7c7 ,au?ority ,to det]m9e ne$ = dive/m5t 7#a7 ,9 g5]al ,! ,commission may det]m9e1 bas$ on ! /udy & consultations "u subsections 7a7 & 7b71 t dive/m5t1 /ructural sep>ation1 or o!r rem$ial action is ne$$ ) respect to su* =eign-controll$ entities to protect competition1 national security1 or ! resili5ce ( ! ,unit$ ,/ates food sy/em4 7#b7 ,congressional review 7,a7 ,submission ,be=e ! ,commission may require dive/m5t1 /ructural sep>ation1 or o!r rem$ial action "u p>agraph 7#a71 ! ,commission %all submit to ea* ,h\se ( ,congress ! det]m9ation "u t p>agraph & ,congress %all review ! det]m9ation pursuant to subp>agraph 7,b74 7,b7 ,review ,congress may1 by an ,act ( ,congress1 block a det]m9ation submitt$ "u subp>agraph 7,a7 ?r\gh ! congressional disapproval proc$ure set =? 9 section #hjb ( title #e1 ,unit$ ,/ates ,code4 7,c7 ,requirem5t ,^u ! expiration ( ! review p]iod "u subp>agraph 7,b71 ! ,commission may require ! dive/iture1 /ructural sep>ation1 or o!r rem$ial action det]m9$ "u p>agraph 7#a74 7d7 ,report to ,congress ,n lat] ?an #abj days aft] ! date ( enactm5t ( ?is ,act1 ! ,commission %all submit to ,committee on ,comm]ce1 ,sci5ce1 & ,transportation ( ! ,s5ate1 ! ,select ,committee on ,intellig5ce ( ! ,s5ate1 ! ,committee on ! ,judici>y ( ! ,s5ate1 ! ,committee on ,en]gy & ,comm]ce ( ! ,h\se ( ,repres5tatives1 ! ,p]man5t ,select ,committee on ,intellig5ce ( ! ,h\se ( ,repres5tatives1 & ! ,committee on ! ,judici>y ( ! ,h\se ( ,repres5tatives a report t includes a dive/m5t decision ) respect to ea* =eign-controll$ meatpack+ ent]prise4 ,,iv ,br++ ,prices ,d[n = ! ,am]ican ,family #dja4 ,f9d+s ,congress f9ds ! foll[+3 7#a7 ,families across ! ,unit$ ,/ates face p]si/5tly high prices = meat1 :i* contribute significantly to ov]all food co/s & h\sehold f9ancial /ra94 7#b7 ,conc5tration & limit$ competition 9 meat supply *a9s & retail m>kets c facilitate unfair & unju/ly discrim9atory pric+ practices1 includ+ price discrim9ation t disadvantages c]ta9 retail groc]s & ! communities !y s]ve4 7#c7 ,unfair & unju/ly discrim9atory prices & price discrim9ation = meat products c result 9 high] prices1 r$uc$ availability1 & few] *oices = consum]s1 p>ticul>ly 9 rural areas1 l[-income communities1 & communities already exp]i5c+ limit$ groc]y access4 7#d7 ,section #djf ( ! ,pack]s & ,/ocky>ds ,act1 #aiba 7#g ,u4,s4,c4 #bbg71 conf]s au?ority on ! ,commission ) respect to ! retail sale ( meat1 meat food products1 & live/ock products 9 unmanufactur$ =m4 ,"u section #djf ( ! ,pack]s & ,/ocky>ds ,act1 #aiba 7#g ,u4,s4,c4 #bbg71 ! ,commission may ex]cise its au?ority1 includ+ its au?ority "u ! ,f$]al ,trade ,commission ,act1 to prev5t unfair me?ods ( competition & unfair or deceptive acts or practices 9 or affect+ comm]ce 9 connection ) su* retail sales4 7#e7 ,! au?ority ext5ds to conduct t results 9 unfair & unju/ly discrim9atory retail meat prices & to price discrim9ation 9 meat1 :i* drives prices high] = indep5d5t1 small]1 or neighborhood groc]y /ores1 :]e su* conduct con/itutes an unfair me?od ( competition or an unfair or deceptive act or practice4 7#f7 ,section #e ( ! ,f$]al ,trade ,commission ,act 7#ae ,u4,s4,c4 #de7 decl>es unlawful unfair me?ods ( competition & unfair or deceptive acts or practices 9 or affect+ comm]ce & au?orizes ! ,commission to prev5t su* conduct ?r\gh inve/igations1 adm9i/rative proce$+s1 & judicial en=cem5t1 includ+ ) respect to retail & :olesale sales ( meat1 meat food products1 & live/ock products 9 unmanufactur$ =m :]e su* sales are 9 or affect comm]ce4 7#g7 ,! ,commission's au?ority "u section #e ( ! ,f$]al ,trade ,commission ,act 7#ae ,u4,s4,c4 #de71 includ+ z in=m$ by its policy /atem5ts & en=cem5t prec$5t1 provides an important tool to *all5ge unfair me?ods ( competition1 coord9at$ conduct1 exclusion>y practices1 & unfair or deceptive acts or practices 9 retail & :olesale meat m>kets t may drive up prices1 re/rict output1 or o!rwise h>m consum]s1 small & indep5d5t groc]s1 & fair competition4 7#h7 ,congress int5ds t ! ,commission fully & proactively utilize its au?ority "u section #djf ( ! ,pack]s & ,/ocky>ds ,act1 #aiba1 its au?ority "u ,section #e ( ! ,f$]al ,trade ,commission ,act 7#ae ,u4,s4,c4 #de71 & all o!r applicable laws1 to id5tify1 prev5t1 & rem$y unfair & unju/ly discrim9atory retail & :olesale meat prices & price discrim9ation t h>ms consum]s1 hone/ bus9esses1 & competition4 7#i7 ,! au?ority ( ! ,commission "u section #f7;b7 ( ! ,f$]al ,trade ,commission ,act 7#ae ,u4,s4,c4 #df7;b77 to require reports & answ]s to specific que/ions f p]sons1 p>tn]%ips1 & corporations enables ! ,commission to /udy & report on m>ket /ructure1 pric+ practices1 & competitive conditions 9 retail & :olesale meat m>kets1 !reby in=m+ effective en=cem5t & policymak+4 #djb4 ,report on maximiz+ au?ority "u section #djf ( ! pack]s & /ocky>ds act1 #aiba1 & relat$ ,f$]al trade commission au?orities 7a7 ,report requir$ ,n lat] ?an #ahj days aft] ! date ( enactm5t ( ?is ,act1 ! ,commission %all submit to ! congressional committees describ$ 9 subsection 7c7 a report describ+ h[ ! ,commission is us+ & maximiz+1 & plans to fur!r maximize-- 7#a7 its au?orities "u section #djf ( ! ,pack]s & ,/ocky>ds ,act1 #aiba 7#g ,u4,s4,c4 #bbg7 & section #e ( ! ,f$]al ,trade ,commission ,act 7#ae ,u4,s4,c4 #de7 to address-- 7,a7 unfair & unju/ly discrim9atory retail & :olesale prices = meat1 meat food products1 & live/ock products 9 unmanufactur$ =m2 & 7,b7 price discrim9ation 9 meat1 includ+ beef & pork1 t results 9 high] prices or o!rwise less favorable t]ms = indep5d5t1 small]1 or neighborhood groc]y /ores2 & 7#b7 its au?ority "u section #f7;b7 ( ! ,f$]al ,trade ,commission ,act 7#ae ,u4,s4,c4 #df7;b77 to conduct /udies & obta9 in=mation1 includ+ compulsory process :]e appropriate1 reg>d+ ! /ructure1 conduct1 & p]=mance ( retail & :olesale meat m>kets1 & ! pric+1 contract+1 & m]*&is+ practices ( firms op]at+ 9 ^? m>kets4 7b7 ,cont5ts ,! report requir$ "u subsection 7a7 %all include1 at a m9imum-- 7#a7 a description ( ! ,commission's int]pretation ( its au?ority "u section #djf ( ! ,pack]s & ,/ocky>ds ,act1 #aiba 7#g ,u4,s4,c4 #bbg71 & section #e ( ! ,f$]al ,trade ,commission ,act 7#ae ,u4,s4,c4 #de71 z ^? au?orities apply to unfair & unju/ly discrim9atory retail & :olesale meat prices & to price discrim9ation 9 meat affect+ retail groc]s2 7#b7 a description ( any policies1 guidance1 rules1 or en=cem5t priorities ! ,commission has adopt$1 revis$1 or is consid]+ to bett] detect1 det]1 & rem$y su* conduct us+ its au?ority "u section #djf ( ! ,pack]s & ,/ocky>ds ,act1 #aiba 7#g ,u4,s4,c4 #bbg71 section #e ( ! ,f$]al ,trade ,commission ,act 7#ae ,u4,s4,c4 #de71 & o!r applicable /atutes2 7#c7 a summ>y ( any inve/igations1 en=cem5t actions1 or o!r proce$+s1 initiat$ or complet$ dur+ ! #ahj-;day p]iod beg9n+ on ! date ( enactm5t ( ?is ,act1 t involve alleg$ unfair & unju/ly discrim9atory retail or :olesale meat prices or price discrim9ation 9 meat affect+ retail groc]s1 to ! ext5t practicable & consi/5t ) ! protection ( confid5tial or law-en=cem5t-s5sitive in=mation2 7#d7 an assessm5t ( h[ unfair & unju/ly discrim9atory pric+1 & price discrim9ation 9 meat affect+ retail groc]s1 may contribute to high] prices or r$uc$ access to meat products = consum]s 9 p>ticul> geographic areas or demographic gr\ps2 7#e7 a description ( ! ,commission's coord9ation ) ! ,dep>tm5t ( ,agriculture1 ! ,dep>tm5t ( ,ju/ice1 & any o!r relevant ,f$]al or ,/ate ag5cies ) respect to unfair & unju/ly discrim9atory retail & :olesale meat prices & price discrim9ation affect+ retail groc]s2 7#f7 any recomm5dations = additional /atutory au?ority1 res\rces1 or o!r measures t ! ,commission det]m9es w\ld enhance its ability to address unfair & unju/ly discrim9atory retail & :olesale meat prices & price discrim9ation 9 meat t h>ms competition & consum]s2 7#g7 a description ( h[ ! ,commission has us$1 or plans to use1 its au?ority "u section #f7;b7 ( ! ,f$]al ,trade ,commission ,act 7#ae ,u4,s4,c4 #df7;b77 to /udy & obta9 in=mation reg>d+ retail & :olesale meat pric+1 fees1 disc\nts1 all[ances1 & o!r t]ms or practices t may result 9 unfair or unju/ly discrim9atory prices or price discrim9ation affect+ indep5d5t1 small]1 or neighborhood groc]y /ores2 & 7#h7 an id5tification ( any /udies initiat$1 ongo+1 or complet$ "u section #f7;b7 ( ! ,f$]al ,trade ,commission ,act 7#ae ,u4,s4,c4 #df7;b77 t relate to retail or :olesale meat m>kets1 food retail+1 or relat$ pric+ & m]*&is+ practices1 & a discussion ( h[ ! results ( su* /udies in=m1 or are expect$ to in=m1 ! ,commission's en=cem5t1 policy developm5t1 & coord9ation ) o!r ,f$]al or ,/ate ag5cies ) respect to unfair & unju/ly discrim9atory retail or :olesale meat prices & price discrim9ation4 7c7 ,committees ,! congressional committees describ$ 9 ?is subsection are ! foll[+3 7#a7 ,! ,committee on ,comm]ce1 ,sci5ce1 & ,transportation ( ! ,s5ate4 7#b7 ,! ,committee on ,agriculture1 ,nutrition1 & ,=e/ry ( ! ,s5ate4 7#c7 ,! ,committee on ! ,judici>y ( ! ,s5ate4 7#d7 ,! ,committee on ,en]gy & ,comm]ce ( ! ,h\se ( ,repres5tatives4 7#e7 ,! ,committee on ,agriculture ( ! ,h\se ( ,repres5tatives4 7#f7 ,! ,committee on ! ,judici>y ( ! ,h\se ( ,repres5tatives4 ,v ,fund+ ! developm5t ( new competitors #eja4 ,fund+ = f>m]'s coop]atives & small bus9ess conc]ns 7a7 ,def9itions ,9 ?is section3 7#a7 ,adm9i/rator ,! t]m ,adm9i/rator means ! ,adm9i/rator ( ! ,small ,bus9ess ,adm9i/ration4 7#b7 ,eligible entity ,! t]m eligible entity means-- 7,a7 a f>m]s' coop]ative2 & 7,b7 a small bus9ess conc]n 7)9 ! mean+ ( section #c ( ! ,small ,bus9ess ,act 7#ae ,u4,s4,c4 #fcb774 7b7 ,au?ority ,! ,adm9i/rator may provide f9ancial assi/ance1 loan gu>antees1 te*nical assi/ance1 & o!r assi/ance to eligible entities = ! purpose ( acquir+1 op]at+1 or exp&+ meatpack+ plants or facilities dive/$ pursuant to ?is ,act4 7c7 ,applications ,an eligible entity seek+ assi/ance "u subsection 7b7 %all submit to ! ,adm9i/rator an application at su* "t1 9 su* mann]1 & conta9+ su* in=mation z ! ,adm9i/rator may require4 7d7 ,pref]5ce ,9 evaluat+ applications submitt$ "u subsection 7c71 ! ,adm9i/rator %all1 to ! ext5t consi/5t ) s\nd und]writ+ & program integrity1 give pref]5ce to eligible entities propos+ to use su* assi/ance = locally or regionally focus$ op]ations t w enhance competition = live/ock & b5efit produc]s & consum]s4 7e7 ,au?orization ( appropriations ,!re are au?oriz$ to be appropriat$ to ! ,adm9i/rator su* sums z are necess>y to c>ry out ?is section4 ,,vi ,rulemak+ & en=cem5t au?ority #fja4 ,en=cem5t au?ority 7a7 ,en=cem5t 7#a7 ,failure to dive/ z requir$ 7,a7 ,9 g5]al ,a failure to dive/ pursuant to ?is ,act %all be deem$ to be an unlawful me?od ( competition 9 violation ( section #e ( ! ,f$]al ,trade ,commission ,act 7#ae ,u4,s4,c4 #de74 ,! ,commission %all en=ce dive/itures "u ?is ,act 9 ! same mann]1 by ! same means1 & ) ! same jurisdiction1 p[]s1 & duties z ?\gh all applicable t]ms & provisions ( ! ,f$]al ,trade ,commission ,act 7#ae ,u4,s4,c4 #da et seq47 7 incorporat$ into & made a "p ( ?is section4 7,b7 ,p]sons subject to ! ,pack]s & ,/ocky>ds ,act ,not)/&+ section #e7;a77#b7 ( ! ,f$]al ,trade ,commission ,act 7#ae ,u4,s4,c4 #de7;a77#b77 or any jurisdictional limitation ( ! ,commission1 ! ,commission %all also en=ce ?is ,act1 9 ! same mann] provid$ 9 subp>agraph 7,a71 ) respect to p]sons1 p>tn]%ips1 or corporations ins(> z !y are subject to ! ,pack]s & ,/ocky>ds ,act1 #aiba 7#g ,u4,s4,c4 #aha et seq474 7,c7 ,p5alties = failure to dive/ 7i7 ,9 g5]al ,! ,commission %all impose a civil p5alty equal to #aj p]c5t ( ! rev5ue ( ! violator dur+ ! p]iod ( violation = any failure to dive/ pursuant to ?is ,act4 7ii7 ,enhanc$ p5alty ,! ,commission %all impose a civil p5alty equal to #c times ! am\nt ( any damages "u section #e ( ! ,f$]al ,trade ,commission ,act 7#ae ,u4,s4,c4 #de7 = any kn[+ violation ( ?is ,act4 7#b7 ,civil action 7,a7 ,9 g5]al ,! ,commission is au?oriz$ to br+ a civil action 9 an appropriate di/rict c\rt ( ! ,unit$ ,/ates to en=ce any dive/m5t plan1 ord]1 or condition impos$ "u ?is ,act1 includ+ to enjo9 violations1 compel compliance1 or obta9 o!r appropriate relief4 7,b7 ,rem$ies ,9 an action "u subp>agraph 7,a71 ! c\rt may grant any appropriate equitable relief1 includ+ specific p]=mance1 modification ( dive/iture t]ms 7only on motion ( ! ,commission71 appo9tm5t ( a monitor1 disgorgem5t or re/itution1 or su* o!r relief z ! int]e/s ( ju/ice & competition may require4 7b7 ,use ( p5alty funds ,! ,commission %all use any civil p5alties or o!r am\nts recov]$ "u ?is ,act to promote competition1 includ+ by fund+ ! developm5t ( new competitors "u title ,v4 7c7 ,reque/s = in=mation & assi/ance ,! ,dep>tm5t ( ,agriculture %all comply ) all reque/s = in=mation & exp]t assi/ance made by ! ,commission 9 c>ry+ out ?is ,act4 #fjb4 ,rulemak+ 7a7 ,objectives ,9 promulgat+ all rules "u ?is ,act relat+ to requir$ dive/itures & dive/m5t plans1 ! ,commission %all aim to-- 7#a7 disc\rage monopoli/ic practices2 7#b7 /r5g!n & pres]ve ! competitive position ( small bus9ess conc]ns2 7#c7 fo/] ! developm5t ( new indep5d5t ent]prises2 & 7#d7 pref]5ce f>m]s' coop]atives & small bus9esses 9 dive/m5t plans4 7b7 ,requirem5ts 7#a7 ,9 g5]al ,n lat] ?an #ij days aft] ! date ( enactm5t ( ?is ,act1 ! ,commission %all promulgate1 9 accordance ) section #eec ( title #e1 ,unit$ ,/ates ,code1 su* rules & regulations z are necess>y to c>ry out ?is ,act1 includ+ rules relat+ to-- 7,a7 def9itions ( m>kets = cattle slaught] & beef process+ 9 ! ,unit$ ,/ates2 7,b7 /&>ds & requirem5ts = dive/itures "u ?is ,act2 & 7,c7 9 consultation ) national security ag5cies1 an id5tification ( all cov]$ =eign-controll$ meatpack+ ent]prises4 7#b7 ,failure to promulgate regulations ,if no regulations h be5 promulgat$ by ! ,commission on or be=e ! date describ$ 9 ?is subsection1 ! requirem5ts ( ?is section %all /ill apply4