price fixing

Tyson Foods and Cargill will pay a combined $87.5 million in a settlement reached with the Consumer Indirect Purchaser plaintiffs in a beef price-fixing lawsuit that began in 2019.

On Tuesday, Oregon senator Ron Wyden joined fellow Democrat Peter Welch of Vermont, as well as Republicans Mike Rounds  of South Dakota and Iowa's Chuck Grassley introducing legislation aimed at lowering skyrocketing grocery bills by cracking down on America’s “Big Four” meatpackers.  Tuesday’s announcement no...

Washington Attorney General Bob Ferguson announced this week the largest chicken producer in the nation will pay $10.5 million because of a lawsuit over price-fixing on chicken products.  The announcement is the third and largest resolution in Ferguson’s lawsuit against 19 broiler chicken producers.  The claims ag...

Smithfield Foods has agreed to pay $75 million to settle a price-fixing lawsuit.  Reuters said consumers accused the meat producer and several competitors of conspiring to inflate prices in the U.S. pork market by limiting supply.   Smithfield spokesman Jim Monroe said the company denied liability in settling, and that the accord reduces the distraction, risk, and cost of protracted litigation.  “

Tyson Foods this week agreed to $221.5 million to settle claims related to price-fixing lawsuits. The settlements are with three consumer and commercial purchasing groups who bought chickens directly from Tyson and require a federal judge's approval ...