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91_SJ0042
LRB9108069CBcb
1 SENATE JOINT RESOLUTION
2 WHEREAS, The markets and price discovery mechanisms upon
3 which the independent farmers of Illinois rely to determine
4 the price of their products require a competitive market
5 system that adjusts according to production levels and market
6 competition for these products; and
7 WHEREAS, The consolidation and concentration of major
8 former competitors may allow a small number of large
9 corporations to control commodity price discovery mechanisms
10 through monopoly power; and
11 WHEREAS, The United States Department of Justice is the
12 agency charged with the enforcement of antitrust laws in
13 cases where large corporate combinations and practices may
14 create monopoly power and unfairly impact prices to the
15 ultimate detriment of producers and the consumer; therefore,
16 be it
17 RESOLVED, BY THE SENATE OF THE NINETY-FIRST GENERAL
18 ASSEMBLY OF THE STATE OF ILLINOIS, THE HOUSE OF
19 REPRESENTATIVES CONCURRING HEREIN, that the United States
20 Department of Justice should thoroughly investigate
21 Smithfield Foods' proposal to combine with Murphy Family
22 Farms to determine the effect of that combination on market
23 operations, which impact producers of agricultural products
24 and consumers of that product; and be it further
25 RESOLVED, That suitable copies of this resolution be
26 presented to the President of the United States, the
27 President pro tempore of the United States Senate, the
28 Speaker of the United States House of Representatives, each
29 member of the Illinois congressional delegation, and the
30 Attorney General of the United States.