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    ‘Illicit collusion, price fixing’: Trump orders probe over soaring US beef costs

    3 months ago

    US President Trump has directed the Justice Department to investigate major meatpacking companies for alleged collusion and price manipulation, citing record-high beef prices. The probe will examine whether leading processors, who control a significant portion of the market, have engaged in anti-competitive practices. This action aims to protect American ranchers and address rising consumer costs.
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