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. …
“The four big meat packers are raking in record profits,” she wrote in a June 16 guest column for Fox News, which was co-authored by Brooke Miller, president of the U.S. Cattlemen’s Association. …
Four of the biggest meat-processing companies, using their market power in the highly consolidated U.S. market to drive up meat prices and underpay farmers, have tripled their own net profit margins since the pandemic started, White House economics advisers said. …
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