Fast food juggernaut McDonald's is suing Tyson, JBS, Cargill and National Beef Packing Company and their subsidiaries, the Associated Press reports. The company is "alleging a price fixing scheme for beef specifically" and has filed a federal complaint in New York that "accused the companies of anticompetitive measures such as collectively limiting supply to boost prices and charge 'illegally inflated amounts,'" according to the publication.
When combined, Tyson, JBS, Cargill and National Beef control more than 80% of the U.S. beef market.
