4.6 • 716 Ratings
🗓️ 10 June 2020
⏱️ 7 minutes
🧾️ Download transcript
Today is Wednesday, June 10, and we’re looking at Pilgrim’s Pride vs. Tyson Foods.
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1:05.5 | Thank you. McMillan Online Community. From Wondery, I'm David Brown, and this is Business Wars Daily on this Wednesday, June 10th. |
1:10.4 | Talk about foul play. |
1:12.6 | Early this month, the U.S. Justice Department indicted four of the top poultry industry executives on price fixing charges. |
1:20.1 | Pilgrim's Pride CEO Jason Penn and Claxton Poultry Farm's President Michael Freeze were charged with conspiring to fix prices on chickens |
1:28.9 | sold to restaurants and grocery stores from 2012 to 2017. Two other executives, one from each |
1:35.3 | company, were also indicted. The charges come as part of an ongoing antitrust investigation into the |
1:41.3 | highly consolidated poultry business, the Wall Street Journal reported. |
1:44.9 | Now, if this sounds familiar, it should. Poultry buyers, farmers, and industry critics have |
1:49.7 | been clucking about possible price fixing in the chicken business for years. In 2016, New York |
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