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Tyson agrees to record $85M settlement in pork price-fixing lawsuit

This story was originally published on Food Dive. To receive daily news and insights, subscribe to our free daily Food Dive newsletter. Dive Brief: Tyson Foods has agreed to pay 85milliontosettleaclassactionlawsuitthataccusesthecompanyofconspiringwithJBSandothermeatpackinggiantstoartificiallyraiseporkprices.Thesettlementisthelargestpayoutinapricefixingcasethathasbeenongoingforsevenyears.Previously,thelargestsettlementwasSmithfieldFoods85 million to settle a class action lawsuit that accuses the company of conspiring with JBS and other meatpacking giants to artificially raise pork prices. The settlement is the largest payout in a price-fixing case that has been ongoing for seven years. Previously, the largest settlement was Smithfield Foods’ 75 million agree ...