LUBBOCK, TEXAS (RFD NEWS) — A proposed settlement in the Agri Stats antitrust case would force major changes in how the company collects, packages, and sells market information to the meat industry. The biggest step is that Agri Stats would have to stop offering its Sales Report Books, which were central to the case.
The settlement would also ban several reporting features critics said made the system too revealing. Agri Stats would no longer be allowed to show participant lists, rankings, or “flags,” and it could only report individual company data in narrow situations, such as returning a contributor’s own information back to that contributor.
The proposal also opens access more broadly. Agri Stats would have to make its reports and manuals available for purchase to anyone in the United States, not just meat processors, and it could not discourage outside buyers by offering worse terms or higher prices.
Other changes would slow and aggregate the data more heavily. Major reports would have to meet stricter confidentiality thresholds, and most reported data would need to be at least 45 days old on average, with some production-decision data delayed even longer.
The company would also be placed under outside oversight through a court-approved monitor and a formal antitrust compliance program. The monitor could remain in place for up to seven years, while the overall judgment would last ten years unless ended sooner.
trade enforcement concerns.
