As the nation’s food supply chain comes under focus yet again, the FTC’s role remains unclear
February 20, 2023
(Washington, DC) – Today, the Functional Government Initiative (FGI) announced a transparency lawsuit against the Federal Trade Commission (FTC) for withholding records regarding their investigation into alleged price gouging by the meat industry. This is FGI’s third suit against the FTC as it continues to be weaponized against the private sector in face of persistent inflation many speculate is being fueled by government policies.In
November 2021, as meat prices skyrocketed, the Biden Administration called for an FTC investigation into the meat industry. This announcement came on the heels of public criticism following high meat prices during Fourth of July celebrations. As the political heat continued to build, senior administration officials attempted to shift blame to the meat industry for what they claimed was price gouging. FGI filed a Freedom of Information Act request in August 2022 to reveal the basis and potential special interests driving the calls for an investigation.
The FTC has been unresponsive and continues to withhold the documents, leading to FGI’s latest lawsuit. The facts surrounding the investigation appear to be yet another example of the Biden Administration using the FTC as a political shield to redirect blame onto the private sector. Along with the meat industry, the Biden Administration has ordered investigations into the oil and gas industry and the baby formula industry at similar points when fending off political blame for those respective crises. As supply chain disruptions and inflation continue to roil the economy, some wonder whether additional industries such as the egg industry will find themselves facing investigation as the administration and its special interest allies look to shift blame.
Peter McGinnis, spokesman for FGI, issued the following statement:
“On issue after issue, in the face of public scrutiny over whether its own policies bear any fault, the administration’s default position has been to investigate the private sector. Instead of engaging with industries in a cooperative way to address our supply chain crisis and rampant inflation, the Biden Administration appears to have weaponized the FTC against the most productive individuals and companies in America. The question now is what special interests are driving this dysfunctional strategy and which industry may be next. FGI intends to find out.”