GFM Network News


Packers win dismissal of U.S. pork price-fixing suits

Reuters — A federal judge on Thursday dismissed antitrust lawsuits accusing several large U.S. pork companies of conspiring to limit the supply of pork to inflate prices and their own profits at the expense of consumers and other purchasers. Chief Judge John Tunheim of the federal court in Minneapolis said the plaintiffs failed to show […] Read more

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

Reuters — The U.S. Department of Justice has begun a criminal probe into allegations that Tyson Foods and other poultry processors including Pilgrim’s Pride and Sanderson Farms colluded to fix poultry prices, court documents show. The DOJ filed a motion to intervene and stay discovery of evidence in an antitrust lawsuit involving the companies and […] Read more


Tyson reveals subpoena linked to alleged price fixing

Reuters — Tyson Foods disclosed on Monday it has received a subpoena from the U.S. Securities and Exchange Commission following allegations it conspired with rivals for years to fix chicken prices. The chicken sector, which is dominated by a handful of large meat companies, has come under increased scrutiny over the past year as customers […] Read more



EU raids ethanol companies over price-fixing concerns

Brussels | Reuters — The European Commission has raided ethanol companies in two EU countries as part of investigations into alleged price-fixing. The Commission, which acts as the competition watchdog in the 28-member European Union, said Thursday it had concerns that companies may have colluded in submitting price information used to set industry benchmarks for […] Read more