Walmart vs. big chicken
Story Date: 5/30/2019

 

Source: Greg Henderson, AGWEB, 5/29/19


Walmart, America’s largest retail grocer, has filed suit against various U.S. poultry companies alleging a conspiracy to inflate chicken prices. The antitrust suit, filed in the U.S. District Court for the Western District of Arkansas, alleges that more than a dozen major chicken companies “reached illegal agreements and restrained trade.” The suit alleges that as early as 2008 through at least 2016, “Defendants’ restraint of trade was implemented primarily through two mechanisms. The first focused on coordinating their output and reducing the supply of broiler chickens into the market.”

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