WebMar 11, 2024 · The world’s largest food distributor is suing the meat industry for what it calls “a price-fixing scheme” it claims has driven pork prices to artificially inflated heights since 2009. Sysco... WebJul 11, 2024 · Sysco sues the four largest beef producers for price-fixing. Wholesale distributor Sysco filed a lawsuit in Texas against the four largest beef providers — Cargill, …
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WebJul 7, 2024 · Sysco recently filed a federal lawsuit in Texas accusing Tyson Foods, JBS, Cargill and National Beef of price fixing. The lawsuit said those companies have conspired to suppress the number of cattle being slaughtered at … WebSysco Corp. historical stock charts and prices, analyst ratings, financials, and today’s real-time SYY stock price. chinese astrology 1978
Sysco accuses 4 largest beef processors of price fixing
WebJul 7, 2024 · Most of the companies didn’t immediately respond to questions about the Sysco lawsuit Thursday, but they have defended their actions in the other price-fixing lawsuits even though JBS did agree ... WebJul 11, 2024 · Sysco, the nation’s largest food distributor, filed a federal lawsuit in Texas last month alleging the Big 4 meat packers of price fixing. Specifically, the lawsuit alleges Tyson Foods, JBS USA, Cargill and National Beef have conspired to suppress the number of cattle slaughtered since 2015 in an effort to drive beef prices higher. WebJul 7, 2024 · Similar price-fixing lawsuits are also pending in the pork and chicken processing businesses. The Sysco Corp. lawsuit said the companies’ coordinated efforts to limit the number of cattle slaughtered drove down the price meat processors paid ranchers while propping up beef prices, boosting profits for the meat producers, who control more … chinese astrology 2009