The Senate rejected a farm bill amendment that would have reformed the U.S. sugar program.
Sens. Jeanne Shaheen (D-N.H.), Pat Toomey (R-Pa.) and Mark Kirk (R-Ill.) introduced an amendment that would have reformed the subsidies and import restrictions on sugar within the United States. The amendment failed on a 45-54 vote Wednesday.
“Currently sugar is the only commodity program that was not reformed in the committee passed farm bill that is under consideration now,” Shaheen said ahead of the vote. “It’s puzzling to me that they totally left sugar subsidies out of the bill reforms.
“What we have now is a sweet deal for sugar growers and a bad deal for consumers.”
A former president and CEO at Nestlé Canada Inc. and Nestlé USA – who also headed up the iconic Laura Secord brand – now faces the prospect of jail time for allegedly taking part in a conspiracy with his competitors to fix chocolate prices in Canada.
The federal Competition Bureau said Thursday criminal price-fixing charges have been laid against the executive, Robert (Bob) Leonidas, as well as Nestlé Canada, its competitor, Mars Canada Inc., and a wholesale distributors network called ITWAL Ltd. Also facing charges are Sandra Martinez, former president of confectionary for Nestlé Canada, and Glenn Stevens, president and chief executive officer of ITWAL.
Price fixing: it’s not wrong if it’s legal.