McDonald’s claimed major beef suppliers — including Tyson — fixed prices at artificially high levels in a conspiracy that violated federal antitrust laws, according to an explosive lawsuit.
McDonald’s is suing some of its suppliers over allegations they violated antitrust law by collaborating to sell beef to the chain at artificially inflated prices. The lawsuit, filed Oct.
But now, McDonald’s is suing a crucial link in that chain: the so-called “Big Four” beef producers, accusing them of inflating the price of wholesale beef. It’s a legal battle that is set ...
CME December live cattle ended down 0.50 cent at 186.825 cents per pound, while November feeder cattle futures settled down 1 cent at 246.60 cents per pound.