'People Need to Go to Jail for This Sh*t': Video Shows How US Meat Industry Colludes to Boost Prices

  • 📰 commondreams
  • ⏱ Reading Time:
  • 18 sec. here
  • 9 min. at publisher
  • 📊 Quality Score:
  • News: 34%
  • Publisher: 51%

Corporate Power News

Inflation,Kamala Harris,Keith Ellison

Jake Johnson is a senior editor and staff writer for Common Dreams.

A former grocery executive told a progressive media outlet in a video released Tuesday that 'people fucking need to go to jail' over a long-running scheme in which dominant U.S. meat industry players have used information provided by a little-known data analytics company to increase prices and pad their bottom lines.

''The complaint alleges that Agri Stats violated Section 1 of the Sherman Act by collecting, integrating, and distributing competitively sensitive information related to price, cost, and output among competing meat processors,' the DOJ said. 'This conduct harms customers, including grocery stores and American families.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 530. in CA

Canada Canada Latest News, Canada Canada Headlines