McDonald's sues major beef companies in NY for allegedly conspiring to inflate beef prices.

McDonald's has filed a lawsuit in New York against Tyson, JBS, Cargill, and National Beef, accusing them of conspiring to inflate beef prices through anticompetitive practices, violating federal antitrust laws since at least January 2015. The fast-food chain claims these companies control over 80% of the U.S. beef market, facilitating collusion that harmed direct buyers. McDonald's seeks a jury trial, joining other legal challenges against the meatpacking industry.

October 12, 2024
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