‘Illicit collusion, price fixing’: Trump orders probe over soaring US beef costs
US President Trump has directed the Justice Department to investigate major meatpacking companies for alleged collusion and price manipulation, citing record-high beef prices. The probe will examine whether leading processors, who control a significant portion of the market, have engaged in anti-competitive practices. This action aims to protect American ranchers and address rising consumer costs.
US President Trump has directed the Justice Department to investigate major meatpacking companies for alleged collusion and price manipulation, citing record-high beef prices. The probe will examine whether leading processors, who control a significant portion of the market, have engaged in anti-competitive practices. This action aims to protect American ranchers and address rising consumer costs. What's Your Reaction?
