In its complaint, McDonald’s alleges that the price per hundred pounds of cattle had historically stayed within $20 to $40 of the average price per hundred pounds of wholesale beef.

As Americans deal with high prices of beef both at the grocery store and at the drive-thru, fast food giant McDonald's is seeking to go after what it believes to be the root of the problem. On Oct ...

McDonald's is suing multiple meat companies on accusations they colluded to inflate the price of beef specifically. The fast-food giant on Friday filed a federal complaint against Tyson, JBS ...

McDonald's sues major meat packers, alleging a decade-long beef price-fixing conspiracy. The fast-food giant claims Tyson, JBS, Cargill, and National Beef inflated prices by limiting supply ...

In 2022, for example, JBS agreed to a $52.5 million settlement in a similar beef price-fixing lawsuit. And Tyson agreed to pay $221.5 million back in 2021, after facing class-action claims that ...

McDonald’s alleges that the beef price-fixing scheme has been going on since at least 2015. The lawsuit noted that the U.S. Department of Justice had initiated an investigation into ...

McDonald’s is suing some of its suppliers over allegations they violated antitrust law by collaborating to sell beef to the chain at artificially inflated prices. The lawsuit, filed Oct. 4 ...

McDonald’s sues major beef producers for price-fixing. The lawsuit alleges that four of the world’s largest meat producers conspired to artificially inflate the price of beef.

The Brief McDonald's sues major meat packers, alleging a decade-long beef price-fixing conspiracy. The fast-food giant claims Tyson, JBS, Cargill, and National Beef inflated prices by limiting supply.

Erlinger denied that McDonald’s price hikes were double or triple the rate of inflation. But he acknowledged that, from 2019 to 2024, the average price of McDonald’s menu items had gone up 40%.

McDonald’s has sued JBS, ... McDonald's sues major beef producers in US price-fixing lawsuit. By Mike Scarcella. October 7, 2024 3:54 PM UTC Updated October 7, 2024 ...