McDonald's Files Antitrust Suit Against Major Meat Packers Over Beef Price Fixing

Reported 2 months ago

McDonald's has launched a lawsuit against the top four U.S. meat packers—Tyson, JBS, Cargill, and National Beef—alleging they engaged in a price-fixing scheme to inflate beef prices since at least 2015. The fast-food giant claims these companies conspired to limit supply, creating significant market dominance that forced buyers to accept inflated prices, violating antitrust laws. This legal action adds to a history of similar lawsuits faced by these companies.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis