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McDonald’s Accuses Meat Packers of Price Fixing in Lawsuit

The fast-food company is suing four large meat companies over an alleged price fixing scheme for beef.

McDonald's suit claims Tyson, JBS, Cargil, and National Beef Packaging Company collectively control over 80% of the U.S. beef market.
McDonald's suit claims Tyson, JBS, Cargil, and National Beef Packaging Company collectively control over 80% of the U.S. beef market.
spflaum1 via Getty Images

Global fast-food chain McDonald’s is suing the “Big Four” companies in the U.S. meat industry over an alleged beef price fixing scheme, according to a report from the Associated Press.

McDonald’s in the suit accused Tyson, JBS, Cargill, National Beef Packing Company, and the companies’ subsidiaries, of anticompetitive actions including collectively limiting supply to boost prices, the AP report says.

The four companies in effect created “a monopoly in which direct purchasers were forced to buy at prices dictated by (the meat packers),” according to the McDonald’s suit.

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