14 Comments
User's avatar
Richard Luthmann's avatar

This is cartel behavior with a modern facelift. No smoky rooms, no obvious collusion—just “data,” dashboards, and a system designed to make competitors move in lockstep instead of competing. That’s the trick. You don’t have to say “fix prices” if everyone can see exactly what everyone else is doing in real time. The result is the same: higher prices, less pressure, and consumers getting squeezed. If the DOJ proves this, it’s a big deal. Because once coordination replaces competition in something as fundamental as food, it’s not just an economic issue—it’s a national one. And it needs to be broken up.

Bruce Miller's avatar

Democrats lie that they care about the little people, but their party is just a big money laundering machine to dispense favors to donors. Biden's Justice Department did not do any of this and state AGs are too busy protecting Somali and Mexican grifters and giving out drivers licenses to illegals.

Debbie Kopp's avatar

Great read. Thanks Peter for info

Free Will's avatar

What has been the long term impact of monopoly pricing on meat? What is the counterfactual: the likely price of the meats without anticompetitive pricing? What would be the pricing impact of a conviction?

PrettyBirds's avatar

What about “big beef”?

Bruce Kolinski, P.E. (Retired)'s avatar

Great article. Thank you. If Main Street Americans get a legal win here I hope it leads into exposing and stopping the industrial farmed toxicity of our row crop and meat products. As most of us know, pesticides and broad spectrum herbicides like glyphosate poison the row crops which then double down by accumulating in our meat products. Feed lot conditions for beef, chickens, and pork require abused animals to be flooded with antibiotics just to stay alive long enough for harvesting. It is disgusting and inhumane. Farmed fish conditions as I understand it are every bit as bad in most operations. Industrial farming at every level has to be flushed down the toilet of farming and ranching mistakes. Regenerative farming produces healthy non-adrenalized food products while rejuvenating soil and uses significantly less water than industrial farming requires. Unfortunately herbicide and pesticide manufactures like BASF, Bayer, Corteva, Syngenta, and UPL, as well as fertilizer producers like CF Industries, Mosaic, Nutrien, and Yara do not like regenerative farming. These multinational corporation conduct themselves as criminal enterprises and are as a group loved and adored by our U.S. Senate and House of Representatives, along with our hundreds of unconstitutionally authorized federal agencies. Thanks again.

dave walker's avatar

Why don’t you try stopping deficit spending and quit spending like drunk sailors in DC. Printing away the value of the dollar is far more of a problem than a chicken processing business making 5% net margin. Come on Peter! Run away spending is the root of all this inflation!

Bruce Miller's avatar

Why don't you wake up and see that only this administration is doing things like this and rooting out the endemic fraud, waste and abuse of the Democrat Party and their web of crooked NGOs. This runs into the trillions of dollars.

dave walker's avatar

I see that too. But reckless spending is a must be addressed issue. Chicken processing is not corruption or NGO BS.

Bruce Miller's avatar

Don't be so sure. Remember how Clinton and Gore protected their pals in big Tech and got copious campaign contributions? The Democrat Party is corrupt in so many ways, large and small.

dave walker's avatar

It’s not just democrats. The uniParty in DC is a true swamp.

Bruce Kolinski, P.E. (Retired)'s avatar

Good point, though I suspect if we wanted to, we could walk and chew gum at the same time. These issues can be dealt with simultaneously but we have a bicameral congress that specializes in money laundering and not much else.

dave walker's avatar

Sure seems like it.

Drew Smith's avatar

Give the mom and pop business anything they want.