McDonald’s Files Price-Fixing Suit Against Pork Suppliers

McDonald’s Corporation has served a group of pork producers, including Hormel, JBS, Smithfield, and Tyson, with a complaint alleging a conspiracy “to fix, raise, maintain, and stabilize the price of pork”. McDonald’s claims that “Defendants implemented their conspiracy by agreeing with their competitors to restrict output and limit production with the express intended purpose and expected result of increasing and stabilizing pork prices in the United States.” Per the complaint, defendants and their alleged co-conspirators “collectively control over 80 percent of the wholesale pork market.”