McDonald's Is Suing Major Beef Suppliers For Price Fixing

McDonald’s 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 last week in New York, McDonald’s accused the companies of anticompetitive measures such as collectively limiting supply to boost prices and charge “illegally inflated” amounts. Hey guys, us ordinary people just call it "price gouging." Via AP News:

This collusion caused...