Summary
Requires the Federal Trade Commission to study how government-owned grocery stores might affect private stores, farmers, food banks, and food prices.
What problem does this solve?
Some cities want to open government-run grocery stores, but it is unclear how this will affect other businesses. This bill directs the Federal Trade Commission to study the issue and report on the possible effects.
Who does this affect?
- Private grocery store owners
- Farmers
- Federal Trade Commission
What does this bill do?
Mandates a study on public grocery stores
Directs the Federal Trade Commission (FTC) to conduct a study on the effects of government-owned grocery stores on the economy, farmers, and consumers.
Requires a report to Congress
The FTC must submit a report to Congress with the study's findings and provide recommendations for any new laws or actions needed.
Specifies study focus areas
Requires the study to look at impacts on private stores, farmers, food banks, food prices, and consumer choice, especially in food deserts.
Defines key terms
Provides clear definitions for terms like 'public grocery store' and 'food desert' to ensure the study is focused and consistent.
What is the real world impact?
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Ensures fair competition in the grocery market
Aims to understand how government-owned grocery stores would compete with private businesses, ensuring a level playing field for everyone involved in the food supply chain.
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Protects private grocery businesses from government competition
The study could be used to highlight negative impacts of public grocery stores, creating a case against government entry into the market and protecting existing private companies from new competition.
When does this start?
The Federal Trade Commission must begin its study within 180 days of the bill becoming law and report its findings within one year of the study's completion.
Study commencement
The FTC must start its study on public grocery stores no later than 180 days after the bill becomes law.
Report to Congress
The FTC must give its report to Congress no later than one year after finishing the study, and then provide a new report every year.