Fast Moving Approval of Food Safety Bill Seen as Boost for Micro Identification Technologies, Inc. (MMTC.OB)
When some of the biggest companies in the food industry started lining up in support of food safety legislation that is now going through Congress, it helped ensure uncharacteristically rapid progress, and was lauded by consumer groups as a solid step in the right direction. Skeptics were quick to point out, however, that the latest version of the bill would do little to affect procedures for these larger companies, and would simply put increased pressure on their smaller competitors to get up to speed. Nevertheless, it’s seen as a win for the American public in the face of a string…