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News Wire / economy

DOJ Investigates Beef Industry Price Fixing

developing KNX Los Angeles Los Angeles 37d Impact 8
The Department of Justice is investigating allegations of price fixing within the beef industry. Industry expert Carl Sussman stated that potential fines could reach hundreds of millions of dollars. The matter is currently moving to an administrative judge for review.

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beef industry price fixing DOJ

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Sources · 7 independent

KNX Los Angeles

“the amount of money that they could be fined is, you know, in the hundreds of millions or more. It goes to an administrative judge now before anything actually happens.”

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