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The lawsuit alleges that four of the world’s largest meat producers conspired to artificially inflate the price of beef.
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McDonald's Suing Beef Producers for Aleged Price Fixing - MSNBeef sellers' alleged price-fixing racket caught the attention of the Department of Justice and members of Congress. In 2020, DoJ reportedly subpoenaed the four big meatpackers in an antitrust ...
JBS has agreed to pay $83.5 million to settle antitrust claims that it conspired with other meat-packing companies to curb supply in the U.S. beef market to artificially inflate prices.
Beef costs around the U.S. surged to a record high in May. What's driving that jump, and are prices likely to ease up?
Smaller cattle herds and a decade of headwinds for the industry are expected to push up the cost of burgers and steaks for ...
McDonald's names Wayzata-based Cargill, JBS, Tyson Foods, and other meat producers as defendants in the lawsuit. Here's what we know.
Tyson, JBS, Cargill and National Beef did not immediately respond to requests for comment Tuesday. But these companies have faced federal probes and allegations of price fixing before.
In 2022, JBS agreed to a $52.5 million settlement in a similar beef price-fixing lawsuit. Tyson agreed to pay $221.5 million in 2021, after facing class-action claims that alleged purposely ...
Tyson, JBS, Cargill and National Beef did not immediately respond to requests for comment Tuesday. But these companies have faced federal probes and allegations of price fixing before.
McDonald’s has sued JBS, Tyson Foods and other leading meat processing and packing companies for allegedly conspiring for years to limit beef supplies, boosting their profits while causing the ...
In May, as McDonald’s continued to swat down lingering rumors that the chain was asking an exorbitant $18 for a Big Mac meal at locations across the country, company president Joe Erlinger wrote ...
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