Around the Net
Meat Processors Settle Beef Pricing Lawsuit
- Progressive Grocer, Monday, February 7, 2022 5:45 PM
JBS is settling a class-action lawsuit brought against it and Tyson Foods, Cargill and National Beef alleging that the “Big Meat” processors manipulated the cattle supply to drive up beef prices. JBS agreed to a $52.5 million settlement, but the Brazilian meat company with U.S. headquarters in Colorado did not admit liability in price fixing, per Progressive Grocer.
