Cargill and Tyson settle price-fixing lawsuit, deny wrongdoing

Cargill and Tyson Foods have agreed to a settlement in a federal lawsuit that alleges the two companies inflated U.S. beef prices. Court records show Cargill and Tyson will pay a combined $87.5 million. The lawsuit was initially filed by beef consumers who claimed the two giant meatpackers colluded to inflate prices by limiting U.S. […]

The post Cargill and Tyson settle price-fixing lawsuit, deny wrongdoing appeared first on Brownfield Ag News.

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