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US DOJ ordered by Trump to probe Big Four meatpackers over price-fixing

( November 7, 2025, 23:23 GMT | Official Statement) -- MLex Summary: US President Donald Trump targeted the “Big Four” meat packers — JBS (Brazil), Cargill, Tyson Foods and National Beef— which currently dominate 85 percent of the US beef processing market, asking the Department of Justice to launch a price-fixing investigation into the companies. A White House statement said two of these companies, including the largest meat packer in the world, are either foreign-owned or have significant foreign ownership and control. "For too long, a handful of giant meat packers have squeezed America’s cattle producers, shrunk herds, and jacked up prices at the grocery store. By examining whether these companies have violated antitrust laws through coordinated pricing or capacity restrictions, this investigation will root out any illegal collusion, restore fair competition, and protect our food security," the statement said.Statement follows. See attachments....

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