This editorial was curated and edited by: Operation Manager

The end of the year was super busy for our staff. We were looking backward and forward reviewing the safety and health of all our workers, the recognition and support of the human capital, which is an integral part of our social dimension for sustainability and operational excellence. The perspective is especially applicable through strategic initiatives with deployments into daily operations, managed, and measured proactively and globally as part of a broader business of operational excellence initiatives and stakeholder expectations. Ideally, sustainability goals, strive to balance social, environmental, and economic considerations for long-term corporate success and viability. As 2020 begins, we reflect on the past year and what can be an extrapolation, an analysis for the coming one is inevitable as reinforcement subsequently by international theoretical and empirical validation, can quite rightly be given credit for fostering competition as a process and not an end state. Indeed, the goal of policy should not be to mimic outcomes that might be achievable in a purely competitive market or to define a regulatory approach that purports to guide the industry over the long run.

The bounds of effective regulation and the velocity of technological change make this an unachievable ideal. A more pragmatic and modest policy goal is to devise a set of workable arrangements that improve efficiency over the medium term, which reduces some of the most significant risks of making regulatory errors and that promote the and agriculture industry’s future economic growth. However, with a new decade beginning, we can reflect further, into the past decade or more for inspiration. Our review revealed that, no matter how many technologies have changed, the food and agriculture industry policies governing sector interaction remain remarkably static. The overriding objective has been that the interests of consumers are best served eventually by a policy, regulatory, and competitive law environment that fosters competition between individual-sector operators of different networks. However, competition policy must govern interactions between participants in actual-world markets that are continually in flux as technologies change and consumer preferences evolve.

Effective regimes will take these factors into account, resulting in shifting food product trends, supplies, and demand. The aim is to govern a process that allows the food and agriculture industry to develop in line with changes, not to impose on it an exogenously predetermined, textbook-inspiration structure. However, a near-worldwide consensus on the importance of promoting food quality and safety continues to emerge in a global context, while different jurisdictions have interpreted their means to the end somewhat differently. We trust that you enjoy the trip down memory lane and that you keep on reading EnhancedExchange better food products and publication unit’s articles, which reflect keen reader interest. We wish more people had seen our articles on food, agriculture, aquaculture, and science as we are continually informed by the past while being focused on the future. Therefore, we look forward to another year of sharing great reads with all.