Concurrently, the major packing companies realized significant profits, while both U.S. beef consumers and independent cattle producers paid the price,” the lawmakers wrote.

McDonald’s, one of the largest companies in the world with 39,000 locations globally, is seeking unspecified monetary damages and a court order to end the alleged price-fixing scheme. The chain ...

McDonald’s sues major beef producers for price-fixing. The lawsuit alleges that four of the world’s largest meat producers conspired to artificially inflate the price of beef.

McDonald’s sues major beef producers in US price-fixing lawsuit. McDonald’s said in a lawsuit that meatpackers collectively reduced their output to drive up industry prices since 2015.

McDonald’s MCD-N has sued JBS, Tyson Foods and other leading meat processing and packing companies for allegedly conspiring for years to limit beef supplies, boosting their profits while causing ...

McDonald’s has sued JBS, ... McDonald's sues major beef producers in US price-fixing lawsuit. By Mike Scarcella. October 7, 2024 3:54 PM UTC Updated October 7, 2024 ...