McDonald’s sues top meat packers for allegedly colluding to inflate the price of beef
AP Business Writer
NEW YORK (AP) — McDonald’s has some beef with today’s largest meat packers. The fast food giant is suing the U.S. meat industry’s “Big Four” — Tyson, JBS, Cargill and National Beef Packing Company — and their subsidiaries, alleging a price fixing scheme for beef specifically. In a federal complaint, filed Friday in New York, McDonald’s accused the companies of anticompetitive measures such as collectively limiting supply to boost prices and charge “illegally inflated” amounts. Tyson, JBS, Cargill and National Beef also did not immediately respond to requests for comment. But these meat companies have faced federal probes and allegations of price fixing before.
