Big Ag break-up? Senators target America’s meat monopolies, as virus threatens shortages ...United Arab Emirates

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Two US senators have asked the Federal Trade Commission to launch an antitrust probe into the US meatpacking industry. As these firms struggle to maintain supply chains, calls are growing for a return to small-scale farming. In the last couple of decades, the American meatpacking industry went through a rapid consolidation. Four companies now handle 85 percent of all beef production in the US, and three of these firms control 63 percent of the country’s pork production. The companies – Tyson Foods, Cargill, the Brazilian-owned JBS S.A., and the Chinese-owned Smithfield – have been criticized extensively before for underpaying farmers a

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