Sysco Sues Four Largest Beef Producers for Alleged Price Fixing

Wholesale distributor Sysco Corporation sued Cargill, JBS, Tyson Foods, and National Beef Packing, for allegedly working together to drive up the price of beef. Sysco alleges that the companies carried out a “scheme to artificially constrain the supply of beef entering the domestic supply chain” since at least 2015. The four plaintiffs collectively control an estimated 85% of the beef market.