McDonald's & Cargill Settle Antitrust Lawsuit
USAgNet - 05/06/2025
McDonald's and Cargill have reached a resolution in an antitrust lawsuit related to allegations of a broad price-fixing scheme in the U.S. beef industry.
Feed Strategy magazine reports that the settlement stems from a lawsuit filed in October 2024 against Cargill, JBS, Swift Beef Co., National Beef Packing Co. and Tyson Foods claiming they conspired to fix beef prices at artificially high levels by limiting
supplies, in violation of the Sherman Act.
The lawsuit alleges the companies worked together to "exploit their pivotal role" in cattle procurement and beef distribution, leading to what McDonald's described as artificially high market prices.
The fastfood giant also suggested certain suppliers sought to offset narrowing profit margins -- caused in part by prolonged drought conditions -- by manipulating beef pricing practices.
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