Todd Blanche: “Later this week, we will be announcing an historic…”

“More broadly, the Department has also executed on the President's executive order to stop anti competitive behavior in the broader food supply market. Later this week, we will be announcing an historic settlement that will directly affect the prices of proteins like chicken, pork, and turkey. This business model allows competitors to exchange competitively sensitive information on every aspect of the protein industry and has raised the prices on chicken, raised the prices on pork, and raise the prices on turkey.” (01:24–01:34)

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.