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Filtering by entity: Meat Packing Companies | Clear Filter
Summary:The post states that the Department of Justice has been asked to immediately investigate Meat Packing Companies for alleged illicit collusion, price fixing, and price manipulation, which are driving up beef prices. It claims these actions by majority foreign-owned companies harm American ranchers and consumers, jeopardize the nation’s food supply, and constitute illegal monopolies resulting in criminal profiteering.
Sentiment:Directive
Key Claims:
- Meat Packing Companies are driving up the price of Beef through Illicit Collusion, Price Fixing, and Price Manipulation.
- American Ranchers are being blamed for actions done by Majority Foreign Owned Meat Packers.
- Majority Foreign Owned Meat Packers artificially inflate prices and jeopardize the security of the Nation’s food supply.
- Action must be taken immediately to protect Consumers and combat Illegal Monopolies.
- These Corporations are criminally profiting at the expense of the American People.
- The DOJ has been asked to investigate immediately and act expeditiously.
Potential Market Impact (S&P 500):5/10
Potential Geopolitical Risk:0/10
Potential Global Cross-Asset Impact:3/10
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