
This proceeding on reasons for a price facility has been going from 2019, in the result of a collective lawsuit filed to federal court in Chicago in the United States. The Cargill company was accused in it of conspiring with other competing processors for the purpose of setting common pricing indyk. As reported by agency Reuters, meat branch giant Cargill, has agreed to pay 32.5 million dollars in the agreement with claimants of meat indyk. The settlement must still be approved by the district judge.
In 2019 year. the companies are suing Cargill and other major processors of poultry for trading information and common plans to reduce production while increasing prices. Besides Cargill there was also a company Tyson Foods, which will go to grow already in 2021. and agreed to pay co-operators 4.62 million dollars. The agreement affects purchases made by customers in the years 2010-2017.
Such Cargill as and Tyson stress, that the contracted agreements do not constitute in any case of guilt, because they have not committed any abuse and have not breached rules of fair competition. Buyers have certified then, that the Cargill company has agreed to cooperate with them in the investigation of claims related to the price agreement against other developers of dykes, that is. Butterball, Perdue and Hormel. According to the agreement they expect that they will cooperate with witnesses in the process.
As we read in the Reuters report, the case in the market indyka is
one of a few involving the meat industry, which is tending in US courts. For violations of antitrust
laws they are also beef and pork markets.
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