July, 24 2014, 01:00pm EDT
For Immediate Release
Contact:
Darcey Rakestraw, Food & Water Watch, (202) 683-2467
David Thews, National Farmers Union, (202) 554-1600
Laurel Masterson, R-CALF USA (406) 252-2516
More Than 80 Farm, Consumer, Rural and Faith-Based Organizations Call on Justice Department to Extend Review of Proposed Tyson-Hillshire Merger
WASHINGTON
Today, a coalition of 82 farm, ranch, consumer, rural and faith-based groups sent a letter demanding that the U.S. Department of Justice extend its review of the proposed Tyson Foods (Tyson) takeover of Hillshire Brands, Co. (Hillshire). The proposed merger would join the largest U.S. meat and poultry company, Tyson, with the 11th largest meat company, Hillshire, and would substantially undermine competition in the pork processing and hog purchasing sectors, disadvantaging farmers and consumers and undermining rural communities.
"Fewer buyers of hogs and sows result in a less competitive market for family farmers," said Roger Johnson, president of National Farmers Union. "The rapid consolidation of market power in the hands of just a few pork processors resulted in the loss of more than 90 percent of all hog farms since 1980. Tyson's takeover of Hillshire certainly warrants further investigation by the Department of Justice and should be stopped. It's time for the Justice Department to enforce our anti-trust laws."
Tyson won a protracted and expensive bidding war to initiate the hostile takeover of Hillshire. The Justice Department reviews hostile takeovers on an accelerated 14-day timeline, rather than the typical 30-days to consider a more thorough merger review. The letter notes that the complexity of the proposed merger warrants a much more comprehensive review because of Tyson's significant hog and sow purchasing and marketing and because the proposed merger would enable Tyson to undermine Hillshire's sausage and lunchmeat rivals by disrupting their access to pork supplies. Tyson's substantial and largely opaque role in private label processed pork production is another aspect of this deal that warrants further scrutiny from regulators.
"Consumers have witnessed an onslaught of food company mergers over the past few years that reduced consumer choices and contributed to higher grocery store prices," said Food & Water Watch executive director Wenonah Hauter. "The Justice Department should not rubber stamp a $9 billion hostile takeover by America's biggest meat company that is not in the best interests of consumers or farmers."
The proposed merger strengthens Tyson's grip on all livestock producers. It would give the company broader control of the entire hog production sector by combining Tyson's breeding operations, its hog and sow marketing business, and its slaughter capacity with Hillshire's sow and boar packing plants, which would give it greater leverage over hog farmers to push down the prices they receive for their market hogs and cull sows and boars. The proposed merger also would improve Tyson's ability to pit all livestock producers against one another by manipulating the supply of chicken to undermine the consumer demand for beef or pork and thus lower the prices cattle and hog producers receive.
"Studies confirm that beef and pork are protein substitutes and when dominant meatpackers like Tyson have control over each, they can readily pit one commodity against another to maximize their shareholder profits at the expense of U.S. livestock producers," said R-CALF USA CEO Bill Bullard.
The food and agribusiness sectors are already excessively consolidated, but there has been an accelerated wave of agribusiness and food mergers over the past 18 months that threatens to accelerate the tight monopolistic control over the entire food and farm sector. The letter concludes, "The proposed merger would significantly impair competition throughout the hog and processed pork marketplace, harming farmers, consumers, rival processors and rural communities. The Department of Justice must not grant an early termination of the merger review."
The coalition letter to the U.S. Department of Justice is available here: https://documents.foodandwaterwatch.org/doc/coalition_letter_to_DoJ_on_tyson-hillshire_merger.pdf
Food & Water Watch mobilizes regular people to build political power to move bold and uncompromised solutions to the most pressing food, water, and climate problems of our time. We work to protect people's health, communities, and democracy from the growing destructive power of the most powerful economic interests.
(202) 683-2500LATEST NEWS
New CDC Data Reveals 'National Embarrassment' of For-Profit Healthcare
"Our leaders must act to kick insurance companies to the curb and enact Medicare for All now," said one advocate.
Mar 21, 2024
Single-payer advocates on Thursday pointed to new federal life expectancy data—which shows Americans live shorter lives than people in any other major most-developed nation—as the latest proof of the need to enact a Medicare for All-type universal healthcare program.
According to the Centers for Disease Control and Prevention (CDC), U.S. life expectancy was 77.5 years in 2022, an increase of 1.1 years from the previous year. The leading U.S. causes of death in 2022 were heart disease, cancer, unintentional injuries, and Covid-19.
The 2022 figures reversed two consecutive years of declining U.S. life expectancy, largely due to Covid-19, which has killed nearly 1.2 million people in the country. However, U.S. life expectancy in 2022 was still below its pre-pandemic high of 78.8 years in 2019.
"Despite spending the most per capita on healthcare, we have a consistently lower life expectancy than our peers in comparably wealthy countries."
"While it is good news that U.S. life expectancy is finally rising again, it is important to remember that despite spending the most per capita on healthcare, we have a consistently lower life expectancy than our peers in comparably wealthy countries with universal healthcare," said Eagan Kemp, the healthcare policy advocate at Public Citizen.
The United States is the only developed nation in the world without guaranteed universal healthcare.
"We must keep making the point that profit-driven healthcare is not only worse for patients—it's a national embarrassment," Kemp added. "Our leaders must act to kick insurance companies to the curb and enact Medicare for All now."
One 2022 study found that more than 338,000 U.S. Covid-19 deaths could have been prevented if the country had a single-payer universal healthcare system like Medicare for All.
While opponents—including U.S. lawmakers who take substantial donations from the for-profit healthcare and insurance industry—often argue that Medicare for All would be too expensive, a 2020 Congressional Budget Office analysis found that such a program would save between $300 billion and $650 billion annually.
The same study found that approximately 68,000 people die each year in the United States because they lack access to healthcare.
Meanwhile, millions of American families face bankruptcy and financial ruin due to healthcare expenses, as the CEOs of 300 major U.S. healthcare companies made $4.5 billion in collective compensation in 2022.
The United States has the lowest life expectancy of any large rich country while spending far more on healthcare than comparable nations. Figures vary by source and year, but according to the 2023 edition of the CIA Factbook, the U.S. ranked 48th in worldwide life expectancy, while 2021 World Bank figures place the U.S. in 59th place globally, between Algeria and Panama.
U.S. Sen. Bernie Sanders (I-Vt.) and Congressional Progressive Caucus Chair Pramila Jayapal (D-Wash.) last year led more than 120 lawmakers in reintroducing bicameral Medicare for All legislation.
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The New York Democrat and Vermont Independent are leading the renewed fight for the Green New Deal for Public Housing Act, which would invest up to $234 billion over a decade into "weatherizing, electrifying, and modernizing our public housing so that it may serve as a model of efficiency, sustainability, and resiliency for the rest of the nation."
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"The Green New Deal for Public Housing Act will allow for an increase in public housing units, create an estimated 280,000 jobs, and invest up to $23 billion a year over 10 years for highly energy-efficient developments," she explained. "This will produce on-site renewable energy, expand workforce capacity, and focus on community development. Every American deserves to live in a safe, vibrant, and environmentally conscious community—including public housing residents. I am confident this legislation is how we make that a reality."
The jobs estimate comes from an analysis released Thursday by the Climate and Community Project and the Socio-Spatial Climate Collaborative—which also found that the proposed upgrades to U.S. public housing stock would cut carbon emissions by 5.7 million metric tons, the equivalent of taking 1.26 million cars off the road each year.
"Public housing is an essential source of stable and affordable housing for 1.7 million Americans, and our research shows we are rapidly losing units to conversions, demolitions, and deterioration," said Kira McDonald of Climate and Community Project. "This legislation would constitute decisive action to stave this loss and transform living conditions for public housing residents. In so doing, it would improve residents' health, safety, help eliminate carbon emissions, and help build the new green industries we need to decarbonize."
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The legislation would also create two grant programs for deep energy retrofits; community workforce development; upgrades to energy efficiency, building electrification, and water quality; community renewable energy generation; recycling; resiliency and sustainability; and climate adaptation and emergency disaster response.
As world leaders dragged their feet on climate action last year, declining to demand a global phaseout of planet-heating fossil fuels at the most recent United Nations climate conference, all life on Earth was forced to contend with record high temperatures. The United States alone saw 28 disasters that each caused at least $1 billion in damage, collectively costing at least $92.9 billion.
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released by the U.S. Department of Housing and Urban Development in December. As Common Dreamsreported at the time, academics and advocates have long stressed that the formal figure only represents a faction of the people dealing with housing insecurity nationwide.
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The rent is too damn high y'all.
It's time we pass transformative legislation like @RepAOC and @SenSanders' Green New Deal for Public Housing. Everyone deserves access to safe, clean, affordable housing without spending over 20% of their income on rent.
Let's get it done!! ✊🏿 pic.twitter.com/U9rO1yQY3G
— Congressman Jamaal Bowman (@RepBowman) March 21, 2024
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Markey, who has
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Only around a quarter of the most influential food and agricultural companies in the world have promised to reduce their water usage and decrease water pollution, Oxfam reported Thursday.
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