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McDonald's sues top meat packers for allegedly colluding to inflate the price of beef (apnews.com)

submitted 1 month ago by [email protected] to c/[email protected]

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McDonald’s has some beef with today’s largest meat packers.

The fast food giant is suing the U.S. meat industry’s “Big Four” — Tyson, JBS, Cargill and National Beef Packing Company — and their subsidiaries, alleging a price fixing scheme for beef specifically. In a federal complaint, filed Friday in New York, McDonald’s accused the companies of anticompetitive measures such as collectively limiting supply to boost prices and charge “illegally inflated” amounts.

This collusion caused the beef market to become “a monopoly in which direct purchasers were forced to buy at prices dictated by (the meat packers),” McDonald’s suit reads — later noting that the injury it has sustained as one of those buyers is what “antitrust laws were designed to prevent.”

McDonald’s alleges that the meat packers’ conspiracy dates back nearly a decade, at least as early as January 2015, and continues today. Its suit argues these companies’ actions violate the Sherman Act, a federal antitrust law.

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[–] [email protected] -3 points 1 month ago (1 children)

You can get mad at me, but I'm far from the only one who thought that's what you were suggesting.

[–] [email protected] 3 points 1 month ago (1 children)

I'm not responsible for your's or anyone else's reading comprehension.

[–] [email protected] 0 points 1 month ago (1 children)

I'm pretty sure being understood is, in fact, the responsibility of the person making a comment.

[–] [email protected] 1 points 1 month ago (1 children)

If I were to misunderstand what you just said, would it be my fault or yours?

[–] [email protected] 1 points 1 month ago

If just you were? It could be either of our fault and would depend on the context.

In this case, it isn't just me who misunderstood. It was a significant number of people. So it's a bit silly to say that it's tons of other people's fault and not yours when you aren't understood.