Biden is moving to provide federal subsidies to independent meat-processing companies. This is to reduce the power of the big four companies.

I agree with that goal, but this method is the expensive way, because it is based on exerting the influence of added government spending. It would be more efficient to break up the big four companies, or pressure them with taxes.

Meanwhile, reducing the retail price of meat would have a harmful effect: encouraging more production of meat — bad for people who eat too much meat, and bad for the climate. It would be better to add a tax, so that the reduction in big four income goes into things that are better for society.