Trump Targets Foreign-Owned Meatpacking Cartel To Arrest Beef Prices, Defend Small Ranchers
President Trump has directed the Justice Department to investigate the meatpacking cartel – JBS, Cargill, Tyson Foods, and National Beef – for potential collusion, price-fixing, and price manipulation. The four companies, two of which are foreign-owned, now control 85% of the U.S. beef processing market, up from just 36% in 1980. “I have asked the DOJ …