Another collusion lawsuit against the nation’s top beef packers.
This time, grocery retailer Giant Eagle filed suit in Chicago claiming Cargill, National Beef, JBS, Tyson, and several of their subsidiaries are conspiring to limit the supply of beef they sell to artificially inflate prices.
Giant Eagle says that their business was damaged by having to pay higher than if it was a competitive market.
Related:
JBS reaches huge settlement in anti-trust lawsuit
Tyson lawsuit to be heard in state court and not federal
“Deeply Disturbing": NCBA stunned after JBS settles price-fixing lawsuit
Beef demand is still high despite rising meat prices, but where does production stand?
