Establishes a 15-member National Commission on Food Production, Processing, Marketing, and Pricing to study and appraise the economic and industrial structure of all segments of the food industry. Directs the Commission to make interim reports and a final report with legislative recommendations to the President and Congress within two years of enactment. Authorizes the Commission to hold hearings and secure data relating to the study.
Directs the Federal Trade Commission, the Department of Justice, and the Department of Agriculture to each submit to Congress and publish reports on the actions of each agency with respect to the enforcement of the antitrust laws on the various sectors of the food industry.
Requires the appropriate Federal agency to submit to Congress and publish within one year after the Commission's report and annually thereafter, indices of the structure and state of competition in the food industry.
Authorizes the sum of $7,000,000 to carry out this Act.
Introduced in Senate
Referred to Senate Committee on Governmental Affairs.
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