McDonald's fast food restaurant in New Jersey. Photo: Diego M. Radzinschi/ALM 'Ill-Gotten Gains'?: Cadwalader Alleges Beef Price-Fixing Conspiracy Hurts McDonald's
Global meatpacking companies have sold wholesale beef at "artificially high, noncompetitive levels throughout the United States" under an unlawful agreement, McDonald's alleges in an antitrust complaint filed by Cadwalader, Wickersham & Taft.
October 07, 2024 at 03:52 PM
2 minute read
Antitrust
What You Need to Know
- Cadwalader, Wickersham & Taft represents the Golden Arches in this antitrust lawsuit.
- The global fast-food restaurant accuses giant meatpackers of selling wholesale beef at artificially high prices.
- Cargill, JBS, Tyson Foods and National Beef are named as defendants in this complaint filed in Brooklyn federal court.
McDonald's has filed an antitrust lawsuit accusing Tyson Foods Inc. and other large meatpackers of conspiring to raise the wholesale price of beef in violation of the Sherman Act.
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Law Firms Mentioned
Trending Stories
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250
