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US: Food distributors allege Tyson Foods and others fixed chicken prices

 |  January 31, 2018

Top US food distributors Sysco Corp and US Foods have sued the country’s biggest chicken processors for allegedly conspiring to inflate prices, reported the Wall Street Journal.

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    The distributors sued companies including Tyson Foods Inc, Pilgrim’s Pride, Sanderson Farms and Perdue Farms in separate complaints filed in federal court on Tuesday, January 30.

    The US chicken sector, which is dominated by these large meat companies, has come under increased scrutiny in recent years as customers and farmers have alleged antitrust violations relating to pricing, production and compensation.

    Tyson, the biggest US chicken company, and Pilgrim’s Pride denied the latest accusations. Sanderson Farms said it will defend itself against the claims, while privately held Perdue declined to comment.

    Full Content: The Wall Street Journal

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