Texas AG Launches Sweeping Meat Industry Inquiry
· Texas Border Business
Texas Attorney General Ken Paxton has initiated an investigation into the beef industry, focusing on potential anticompetitive practices among major meatpackers. This inquiry aligns with an antitrust probe announced by the Department of Justice under President Trump, aimed at safeguarding the beef supply chain. The investigation highlights the dominance of four companies—JBS S.A., Tyson Fresh Meats, Cargill, and National Beef Packing—which control over 85% of the beef processing market. Paxton emphasized the need for fair pricing for both ranchers and consumers, urging anyone with information on possible violations to contact his office's Antitrust Division.
AI summary · Source: Texas Border Business →
