Home > News > Law firms gathering clients for potential antitrust lawsuits against four largest U.S. meat packers

Across the United States, courts are receiving claims filed against the four largest U.S. meatpacking companies. Complaints have come from cattle producers, retailers and fast-food chains alleging Cargill, JBS S.A., Marfrig Global Foods (National Beef) and Tyson Foods have participated in price fixing.

While some law firms are likely trying to make a case for a class-action lawsuit, Progressive Farmer/DTN Ag Policy Editor Chris Clayton indicates a ‘wait-and-see’ approach could be the way to go. That’s for a few reasons. First, producers who have sold cattle or traded live cattle futures on the CME since 2015 have already been included in the plaintiffs. Next, class-action lawsuits take a long time — especially one as complicated as this could be. Lastly, some of the firms involved in soliciting clients for the potential case have a history of high fees that could impact what producers actually see when the dust settles.

Read more about the lawsuits here.

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