A cattle ranchers’ trade association filed a class action in federal court in Illinois accusing meatpackers including industry powerhouses Tyson, JBS SA, Cargill and National Beef Packing Co. of conspiring to keep down cattle prices. The complaint alleges the meatpackers are seeking to push the cattle industry toward the level of consolidation already seen in poultry processing. Continue reading “Cattle Ranchers File Class Action Against Meatpackers”
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The U.S. Chamber of Commerce and other Big Businesses had hoped that the U.S. Supreme Court would further undercut class actions in a class action against Tyson Foods being considered by the court.