Early next year, the U.S. Justice Department will examine livestock markets, including dairy, for possible antitrust violations. For more information on that, click here.
But that won’t come soon enough for some people.
The Wall Street Journal reported that a group of dairy farmers was to meet with antitrust enforcers today in Washington.
“Dairy farmers have long complained that they have too few buyers and too little competition for their milk,” The Wall Street Journal said. “The industry is dominated by two players: Dean Foods Co. of Dallas, which is creating a national brand in what had been a fragmented industry, and Dairy Farmers of America Inc., a Kansas City, Mo., cooperative that buys milk from farmers and sells some of it to Dean Foods.”
Source: Wall Street Journal and staff reports