WASHINGTON (Reuters) — President Donald Trump said last week he had urged the justice department to look into allegations that the meat-packing industry broke antitrust law because the price that slaughterhouses pay farmers for animals had dropped even as meat prices rose.
“I’ve asked the justice department to look into it…. I’ve asked them to take a very serious look into it because it shouldn’t be happening that way and we want to protect our farmers,” the president said.
“Are they dealing with each other? What’s going on?”
Asked about price-fixing allegations, Cargill spokesperson Daniel Sullivan said that “the assertions lack merit, and we are confident in our efforts to maintain market integrity and conduct ethical business.”
