Resolved: That the United States should substantially change its federal agricultural policy.
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|Source: CongressDaily/A.M., March 24, 1999 pNA.
Title: Reno Agrees To Look Into Ag Mergers.(Janet Reno)
Full Text COPYRIGHT 1999 National Journal Inc.
WASHINGTON -- Mar-24 -- (CongressDaily) Attorney General Reno Tuesday agreed to increase scrutiny of mergers within the agriculture sector after hearing from more than a dozen farm state senators about the effect of concentration on America's farmers, the Associated Press reported.
Reno met in a closed session for more than an hour with a bipartisan group of senators. She promised to increase antitrust scrutiny and recommend legislative changes if necessary, attendees said.
Also, Assistant Attorney General Joel Klein, head of the Justice Department's Antitrust Division, will travel to the Midwest next month to hear more about the concentration issue, senators said.
"We're convinced part of the reason we have price collapse is concentration in agriculture," said Sen. Kent Conrad, D-N.D., an organizer of the meeting.
Sen. Tim Johnson, D-S.D., said he had told Reno that the Justice Department "either needs to be more aggressive in addressing agricultural concentration, or they need to work with us in Congress to propose and pass legislative remedies that strengthen the antitrust laws that apply to agriculture."