U.S. launches criminal probe into alleged chicken price fixing by Tyson, rivals

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The U.S. Department of Justice has begun a criminal probe into allegations that ...

FILE PHOTO: Tyson food meat products are shown in this photo illustration in Encinitas, California May 29, 2014. REUTERS/Mike Blake

The DOJ filed a motion to intervene and stay discovery of evidence in an antitrust lawsuit involving the companies and has convened a grand jury to investigate, according to a court filing from Friday.U.S. food distributors have filed lawsuits against Tyson and other poultry processors, alleging that the companies had colluded since 2008 to reduce output and manipulate prices.

Pilgrim’s Pride Corp, which is mostly owned by Brazilian meat packer JBS SA, said it did not fix prices.

 

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browngrassman cc tobesmoore y’all know how to handle this right?

'What are you in for?' 'Chicken price fixing.'

Chicken should be way cheaper. You can raise a chicken in a show box with minimal investment.

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