Tuesday, October 21, 2008

Justice Dept. Files Antitrust Suit Against Meatpacker

Yesterday the U.S. Department of Justice filed an antitrust lawsuit against beef packer JBS S.A. in an attempt to stop its proposed acquisition of National Beef Packing Company LLC. Brazil-based JBS operates beef-packing plants in Texas, Nebraska, and Greeley, Colorado. You can read an article about the lawsuit in today's Greeley Tribune. The Justice Department's official press release on the lawsuit can be found on its website.

The attorneys general of 13 states--Colorado, Iowa, Kansas, Minnesota, Missouri, Montana, North Dakota, Ohio, Oklahoma, Oregon, South Dakota, Texas, and Wyoming--have joined the Justice Department in the lawsuit. You can access the Colorado Attorney General's website here. You can find the websites of additional states' attorneys general by going to the Council of State Governments website.

For additional resources on antitrust issues, see our guides on Consumer Information and Business.

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