Lawsuit claims U.S. pork companies conspired to inflate prices

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Conspiracy surrounding the industry of one of the most consumed animals on the planet.

According to Thursday’s complaint, the pork conspiracy began when the defendant Agri Stats Inc began giving pork companies “benchmarking” reports, which typically allow comparisons of profits and performance.

But the consumers said Agri Stats went farther, offering “sensitive” data on costs, prices and slaughter rates and the ability to decipher which data belonged to which companies.

They said this permitted the pork companies to monitor each other’s production, and as a result control supply and price.

“The provision of this detailed information acts as the proverbial smoke-filled room of the cartels of yesteryear,”

www.reuters.com/article/us-pork-lawsuit/lawsuit-claims-us-pork-companies-conspired-to-inflate-prices-idUSKBN1JO3AG?utm_source=reddit.com

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Yesteryear?

Are pigs too smart to eat?

h/t The_In-Betweener

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