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JBS to pay $20 million in pork price-fixing settlement

Por: ABC News Business September 19, 2022

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OMAHA, Neb. -- JBS has agreed to pay $20 million to settle a lawsuit with consumers that accused the giant meat producer of conspiring with other meat companies to inflate the price of pork, which will only reinforce some of the ongoing concerns about how the lack of competition in the industry affects prices.A federal judge in Minnesota approved the latest settlement in these price-fixing lawsuits last week. But the judge also ruled that nearly... + full article



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