DOJ widens beef price probe to major retailers

The Department of Justice has expanded its investigation into beef prices to include eight major grocery retailers, alongside its ongoing probe of the top four meatpackers controlling over 85% of the U.S. beef market. The investigation focuses on recent retail beef price increases and examines whether industry concentration has contributed to rising costs for consumers. President Trump has also announced plans to give farmers and ranchers the right to process their own meat to challenge industry monopolies.

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