McDonald’s is suing major meat producers, including Tyson, JBS, Cargill, and National Beef Packing, claiming they conspired to inflate beef prices by coordinating lower cattle prices and limiting production. Filed in New York federal court, the lawsuit alleges violations of U.S. antitrust laws and seeks monetary restitution. The complaint highlights that these companies, which dominate 80% of U.S. beef production, have engaged in meetings that facilitated price control since 2015. This lawsuit follows ongoing investigations by the USDA and the Justice Department into potential antitrust violations in the beef industry.

Source: https://www.supplychaindive.com/news/mcdonalds-sues-tyson-jbs-cargill-national-beef-price-fixing/729660/