McDonald's lawsuit states that major meat processors like Cargill, JBS, and Tyson allegedly conspired to reduce output and inflate beef prices since 2015.
The fast-food giant argues that these processing companies control 80% of the beef market, indicating a significant monopolistic grip that impacts pricing.
Despite investigations and some class-action settlements, McDonald's lawsuit highlights the ongoing issue of alleged anti-competitive practices within the beef industry.
Previous antitrust complaints have been filed against similar companies by retailers and ranchers, showcasing a broader concern about market manipulation in the beef sector.
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