McDonald's Sues Meat Suppliers Claiming Price Fixing Has Inflated Costs

Jeff Baughman bites into double cheeseburger at a McDonald's restaurant in Miami Beach, Fla., on July 18, 2002. (Credit: Joe Raedle/Getty Images)

When it comes to the cost of beef, McDonald's definitely isn't lovin' it.

The fast food giant is suing the four biggest U.S. meat processing and packing companies over allegations they colluded to drive up prices by limiting supplies of beef — despite an increasing appetite for the key ingredient in hamburgers.