DOJ expands beef price investigation to Walmart, Costco, Amazon and other major retailers
The Department of Justice (DOJ) Antitrust Division on Tuesday said it had expanded its investigation into beef affordability to include eight of the largest grocery retailers in the United States.
The expansion comes after the DOJ launched an antitrust probe in May into the "Big Four" meatpackers — JBS, Cargill, Tyson Foods and National Beef — which the department said control more than 85% of the U.S. beef processing market.
Tuesday's announcement expands the federal government's scrutiny to the retail level of the food supply chain.
The DOJ said the retailers under investigation are Kroger, Publix, Walmart, Albertsons, Aldi, Ahold Delhaize, Costco and Amazon.
Associate Attorney General Stanley E. Woodward Jr. sent letters to the eight companies regarding "recent increases in the retail price for beef," according to the Justice Department.
"Beef prices are a critical concern to Americans, and a priority for this Justice Department," the DOJ wrote on X.
FOX Business has reached out to the Justice Department for additional information and copies of the letters.
After announcing its investigation into potential antitrust violations in U.S. cattle and beef markets in May, the Justice Department said it was reviewing more than 3 million documents and interviewing industry participants.
https://www.foxbusiness.com/retail/doj-expands-beef-price-investigation-walmart-costco-amazon-other-major-retailers.amp
good, even though they won't do anything
next stop... releasing the Epstein files
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Crnr2Crnr ·
