The Justice Department has filed a civil antitrust lawsuit against meat data provider Agri Stats, charging it with organizing and managing anticompetitive information exchanges among broiler chicken, pork and turkey processors.
While no individual companies were named in the statement and it’s not clear if some or all receive Agri Stats reports, the stocks of meat producers were mostly lower Thursday. “The Justice Department is committed to addressing anticompetitive information exchanges that result in consumers paying more for chicken, pork and turkey,” Assistant Attorney General Jonathan Kanter of the Justice Department’s Antitrust Division said in the statement.
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