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Tyson Foods agrees to preliminary pork settlement – RetailWit
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2 Articles
Tyson Agrees to Pay $85M Settlement in Price-Fixing Lawsuit
Tyson Foods has agreed to pay $85 million to settle a class action lawsuit that accuses the company of conspiring with JBS and other meatpacking giants to artificially raise pork prices. The settlement is the largest payout in a price-fixing case that has been ongoing for seven years. Previously, the largest settlement was Smithfield Foods’ $75 million agreement in late 2022. The latest lawsuit alleges the meat and poultry processor conspired w…
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