Fowl play: The Tipline for 4 June 2020
Stock prices for Pilgrim’s Pride sank over 12% yesterday after a federal grand jury indicted the company’s chief executive and a former vice president on one count of conspiring to fix prices and rig bids for chicken products. What is it about protein and price-fixing? Chicken, tuna, pork, beef... Is there simply a lot of raw conduct going on, or is the government just very keen that enforcement be well done?
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