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McDonald's says Tyson and other suppliers fixed beef prices

McDonald’s is suing some of its suppliers over allegations they conspired to sell the fast-food chain beef at artificially inflated prices, in violation of federal antitrust laws, according to a new lawsuit Friday.

McDonald’s is suing some of its suppliers over allegations they conspired to sell the fast-food chain beef at artificially inflated prices, in violation of federal antitrust laws, according to a new lawsuit Friday. The fast-food giant says the conspiracy started in 2015 after some of the defendants were experiencing shrinking profit margins on their beef sales after years of drought, according to the complaint. McDonald’s alleges the defendants concealed their behavior through a series of tactics, including: avoiding paper trails by communicating via phone; offering pretextual explanations for cattle prices and plant closures; and misrepresenting their compliance with antitrust laws, the complaint said.

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