The Department of Justice is looking into the potential antitrust implications of a proposed deal between bankrupt milk processor Dean Foods and the giant dairy cooperative Dairy Farmers of America (DFA). According to a Monday report in the Wall Street Journal, the department is investigating …
A new class-action lawsuit brought by two food distributors alleges that the country's top turkey companies conspired for most of the past decade to raise turkey prices. The allegations mirror those brought in recent years against beef, pork, and chicken companies, and all revolve around the use of reports on industry production and pricing made by a secretive data company called Agri Stats.(No paywall)
A class-action lawsuit filed this week on behalf of pork consumers alleges that hog companies have colluded to artificially hike the price of pork — and their profits. The complaint also provides new insight into Agri Stats, a data-sharing company that sits at the center of the wave of antitrust allegations sweeping the meat sector.(No paywall)
Just a few months after news broke that the nation’s top attorneys are investigating Big Chicken for alleged antitrust violations, similar allegations are piling up against Big Beef. Consumers, ranchers, and a meat distributor have now filed lawsuits alleging that the country’s biggest beef companies have broken antitrust law by conspiring to raise the price of beef and lower the amount paid to producers.
A collection of dairy farmers who allege anti-competitive conduct by the nation's largest dairy cooperative will take their case to a jury trial. A U.S. district court judge late last week denied a motion for summary judgment — which would have wrapped the case up without trial — from defendant Dairy Farmers of America (DFA).(No paywall)
Tyson Foods, Pilgrim’s Pride, and Perdue Farms have all been subpoenaed by the Department of Justice in the agency’s grand jury investigation into the poultry sector. FERN broke news of the investigation in June. The Wall Street Journal reports that the three poultry companies will cooperate …
The Department of Justice intervened Friday in a landmark price-fixing suit against the country’s biggest poultry companies, possibly signaling that its own grand jury investigation into the chicken sector could result in criminal indictments. The DOJ asked the U.S. District Court for the Northern District of Illinois to stop discovery in the class-action lawsuit brought by food distributor Maplevale Farm, saying in its motion that “a limited stay is needed to protect the grand jury’s investigation.”
After a week in which Sen. Elizabeth Warren, a Massachusetts Democrat who's running for president, was in the spotlight for her call to check the power of big agribusiness and "level the playing field for America's family farmers," Big Ag began to hit back, insisting her ideas are out of touch with reality.
The world's largest meat company, JBS, entwined in a corruption scandal in its home country of Brazil, hired as its global food security Al Almanza, who just retired as head of USDA's Food Safety and Inspection Service. The Organization for Competitive Markets, which focuses on agricultural antitrust issues, called the hiring "the latest of the scandalous job swapping between government and the meat industry."