Pilgrim’s Pride Reaches Plea Deal on Price Fixing Allegations


The second-largest U.S. chicken processor to pay $110.5 million fine. They are the first company to admit in court to what prosecutors have alleged was a roughly seven-year effort across much of the U.S. chicken industry to inflate prices. That coordination pushed up poultry prices paid by fast-food chains and other chicken buyers, prosecutors alleged. Read more here.


Author: The Wall Street Journal