Trump orders Justice Department probe of meatpackers over prices

"A criminal probe of meatpackers, though, may not in and of itself reverse double-digit price increases over the last year."

"What they're saying: Trump, in a Truth Social post, alleged meatpacking companies were artificially increasing prices, adding that ranchers who bred and kept the cattle were being unfairly blamed instead."

""Action must be taken immediately to protect Consumers, combat Illegal Monopolies, and ensure these Corporations are not criminally profiting at the expense of the American People," Trump wrote."

A criminal probe of meatpackers has been opened to investigate potential price manipulation. Such a probe may not by itself reverse double-digit meat price increases that occurred over the past year. Former President Donald Trump alleged on Truth Social that meatpacking companies artificially raised prices and that ranchers who bred and kept cattle were being unfairly blamed. Trump called for immediate action to protect consumers, combat illegal monopolies, and prevent corporations from criminally profiting at the expense of the American people. The situation remains developing and will be updated with more information.

Read at Axios