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Addressing Security Risks From Price Fixing and Anti-Competitive Behavior in the Food Supply Chain

Executive Order: 14364
Issued: December 6, 2025
Federal Register Doc. No.: 2025-22537
Federal Register: HTMLPDF

Executive Order 14364, signed on December 6, 2025, frames anti-competitive behavior in the American food supply chain as both an economic and national security threat, situating itself within the administration's broader cost-of-living agenda. The order identifies foreign-controlled corporations as a particular concern, asserting that their involvement in food-related industries may be driving up costs for American consumers and creating national security vulnerabilities. Critically, the order does not establish new legal authorities or a new cross-government national security review regime; rather, it directs existing agencies to intensify enforcement and investigation using their current antitrust and regulatory tools. Prior civil settlements involving price-fixing allegations—some reaching tens of millions of dollars—are cited as evidence of systemic vulnerabilities, with meat processing, seed, fertilizer, and agricultural equipment sectors identified as especially susceptible. By explicitly linking foreign ownership and market concentration to national and economic security, the order signals a meaningful policy posture that could affect foreign investment decisions, cross-border partnerships, supply-chain strategy, and geopolitical risk assessments across food-related sectors.

The order's primary mechanism is the establishment of two parallel Food Supply Chain Security Task Forces—one within the Department of Justice (DOJ) and one within the Federal Trade Commission (FTC). These task forces are charged broadly with determining whether anti-competitive behavior of any kind exists across food supply chains—not merely price fixing—and whether foreign control of such industries poses national or economic security risks. Both task forces are authorized to bring enforcement actions and propose new regulatory approaches to remedy violations identified, meaning the order could lead to wider policy interventions affecting industry structure, competition rules, and compliance exposure well beyond the price-fixing cases cited in its background section. The DOJ task force is additionally empowered to pursue criminal proceedings, including grand jury investigations, if evidence of criminal collusion is uncovered.

For implementation, the order establishes two mandatory congressional briefing milestones—one within 180 days and another within 365 days of signing—directed to the Speaker of the House, the Senate Majority Leader, and relevant committee chairs. These briefings must exclude information about ongoing investigations or non-public industry data, and any recommended legislative actions require consultation with the Assistant to the President and Deputy Chief of Staff for Legislative, Political, and Public Affairs. Implementation is subject to available appropriations, and publication costs are assigned to the Department of Justice.