Chick-fil-A suing 17 top poultry producers for alleged price fixing

NORTH CAROLINA (WTVD) — Fast-food giant Chick-fil-A is suing top U.S. poultry producers, accusing them of illegally coordinating with each other to keep prices high.

The lawsuit names 17 defendants, including Perdue Farms and Tyson Foods, alleging they shared bids and pricing details, causing the restaurant chain to overpay for supplies.

The company filed the lawsuit Friday in the U.S. District Court in Chicago, stating that suppliers “possessed significant market power in the market for broilers” and that “their conduct had actual anticompetitive effects with no or insufficient offsetting pro-competitive justifications.”

The lawsuit comes after Chick-fil-A announced its plans to serve broiler chicken meat without antibiotics within five years in 2014.

The price-fixing allegations began in 2016.

Read more here.

Categories: Associated Press, NC, NC-Carolinas, News, SC, US

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