A bill to restore competition in the meatpacking industry by reducing excessive concentration and market power and ultimately reduce prices for American consumers, and for other purposes.

Senate Bill

S. 4007

119th Congress

A bill to restore competition in the meatpacking industry by reducing excessive concentration and market power and ultimately reduce prices for American consumers, and for other purposes.

In Committee

Introduced:Mar 5, 2026

Primary Sponsor

Charles Schumer

D - NY

Cosponsors

0

Quick Stats

Summary

This bill aims to break up the concentration of power among a few large meatpacking companies that currently dominate the industry. By promoting more competition in meat processing, the legislation seeks to lower grocery prices for consumers while ensuring fairer prices for ranchers and farmers who raise livestock.

Latest Action

Read twice and referred to the Committee on the Judiciary. (text: CR S883-887)

Introduced3/5/2026

StatusRead twice and referred to the Committee on the Judiciary. (text: CR S883-887)

ChamberSenate

Data from Congress.gov

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Vote Prediction

A bill to restore competition in the meatpacking industry by reducing excessive concentration and market power and ultimately reduce prices for American consumers, and for other purposes.

This bill aims to break up the concentration of power among a few large meatpacking companies that currently dominate the industry. By promoting more competition in meat processing, the legislation seeks to lower grocery prices for consumers while ensuring fai

Community Breakdown

Pass

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Fail

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0 predictions

This bill aims to break up the concentration of power among a few large meatpacking companies that currently dominate the industry. By promoting more competition in meat processing, the legislation seeks to lower grocery prices for consumers while ensuring fairer prices for ranchers and farmers who raise livestock.

Bill Number: 4007
Introduced: 3/5/2026
Status: Read twice and referred to the Committee on the Judiciary. (text: CR S883-887)

Data from Congress.gov

AI-generated summary

Fact Sheet

Title: A bill to restore competition in the meatpacking industry by reducing excessive concentration and market power and ultimately reduce prices for American consumers, and for other purposes.
Bill Number: 4007
Sponsor: No sponsor
Status: Read twice and referred to the Committee on the Judiciary. (text: CR S883-887)
Introduced: 3/5/2026
Summary: This bill aims to break up the concentration of power among a few large meatpacking companies that currently dominate the industry. By promoting more competition in meat processing, the legislation seeks to lower grocery prices for consumers while ensuring fairer prices for ranchers and farmers who

Data from Congress.gov

AI Summary

Plain-English explanation of this bill

This bill aims to break up the concentration of power among a few large meatpacking companies that currently dominate the industry. By promoting more competition in meat processing, the legislation seeks to lower grocery prices for consumers while ensuring fairer prices for ranchers and farmers who raise livestock.

Last updated: 3/7/2026

Key Points

Main provisions of the bill

Addresses the consolidation crisis where just four companies control over 80% of beef processing, giving them outsized power over prices
Designed to reduce meat prices at the grocery store by creating more competition among processors and packers
Aims to protect ranchers and farmers who often receive low prices for their livestock due to limited buyer options
Could prevent anti-competitive practices like price-fixing and market manipulation that drive up consumer costs
Represents a bipartisan concern about corporate concentration affecting both rural producers and urban consumers

How This Impacts Americans

Potential effects on citizens and communities

American families struggling with high grocery bills would potentially see lower meat prices as more companies compete for their business. Ranchers and farmers would benefit from having more buyers for their cattle and hogs, increasing their bargaining power and income. The bill would also affect major meatpacking corporations, requiring them to operate in a more competitive marketplace with reduced ability to control prices.

Policy Areas

No policy areas assigned yet.

Scope & Jurisdiction

Jurisdiction Level

federal

Congressional Session

119th Congress

Citation Reference

4007, 119th Congress (2026). "A bill to restore competition in the meatpacking industry by reducing excessive concentration and market power and ultimately reduce prices for American consumers, and for other purposes.". Source: Voter's Right Platform. https://votersright.org/bills/119-s-4007

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