McDonald's Sues Major Meat Packers Over Alleged Price-Fixing

The fast-food giant accuses Tyson, JBS, Cargill, and National Beef of colluding to inflate beef prices, violating antitrust laws.

McDonald's has filed a federal lawsuit against the 'Big Four' meat companies, claiming they conspired to limit beef supply and inflate prices since 2015.
The lawsuit alleges that the meat packers' actions violated the Sherman Antitrust Act by creating a monopoly that forced buyers to pay inflated prices.
Tyson, JBS, Cargill, and National Beef collectively control over 80% of the U.S. beef market, making collusion easier, according to McDonald's.
Previous similar lawsuits against these companies have resulted in significant settlements, though the companies have not admitted wrongdoing.
McDonald's seeks monetary damages and a court order to stop the alleged price-fixing, highlighting the impact on both its business and consumers.