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Concurrently, the major packing companies realized significant profits, while both U.S. beef consumers and independent cattle producers paid the price,” the lawmakers wrote.
Concurrently, the major packing companies realized significant profits, while both U.S. beef consumers and independent cattle producers paid the price," the group of representatives wrote.
McDonald's names Wayzata-based Cargill, JBS, Tyson Foods, and other meat producers as defendants in the lawsuit. Here's what we know.
The fast food giant, which is the world's largest buyer of beef, alleges major meat companies conducted illegal acts to drive down supplies.
NEW YORK — Fast-food behemoth McDonald’s is suing four major meat producers, accusing them of artificially inflating the costs of beef, ports say.
McDonald's Corp. has sued Tyson Foods Inc. and other major beef producers claiming price fixing on beef products.
The beef meatpackers also face lawsuits from US consumers, cattle producers and others who are seeking class-action status and monetary damages in the Minnesota litigation.
McDonald’s is just the latest plaintiff to accuse the big four meatpackers of violating the Sherman Antitrust Act. Ranchers, cattle sellers, consumers and beef buyers have also sued Tyson, Cargill, ...
Over the summer McDonald’s endured customer pushback over the prices of its burgers. Now, the fast-food chain is suggesting there was a reason beyond its control. The company is suing its beef ...