Source: Jacob Bunge, WALL STREET JOURNAL, 1/11/21


Chicken producer Pilgrim’s Pride Corp. said it reached a $75 million deal with a group of poultry buyers to settle price-fixing claims. The proposed settlement by Pilgrim’s, the second-largest U.S. chicken processor by sales, would be the biggest so far in a four-year legal battle over alleged collusion among the companies that dominate the $65 billion chicken industry. Restaurant chains, supermarket operators and food distributors...

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