This is the Biggest Food Scandal in History

America’s largest meat producers are reportedly fixing prices. Tyson, Hormel, and Cargill are using a little-known technology—Agri Stats—to share secret data and make your groceries more expensive. It’s one of the biggest conspiracies in corporate history.
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[jer]

Im starting to think our entire economy is price fixed.

[Spiral.Dynamics]

The monopolies are draining the working class and the poorest are now homeless.

[jimjmcd]

If you think agribusiness is abusing consumers--and they are--you should see what they're doing to farmers.

[Reaydio]

People need to actually go to prison for corruption like this. Actual, full prison sentences. No golden parachutes.

[dheeraj_one]

I hope everyone realizes it's not just about profit, it's about keeping the masses in check.

[Lithdren]

They're doing the same thing with rental prices. I dont think jail is enough.

[rileywhetstone]

Our country really hasn't been a free market for awhile, now. Companies work together to keep prices high, and wages low.

[HarsinGiessler]

*I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for.*

[timothyrockwell]

Having lived in England, the food I bought there was significantly cheaper AND higher quality than food I buy in the US.

[theprecipiceofreason]

An entire industry's decision makers going into a room with a sign in the back that says "CHARGE MORE FOR IT" and then, they leave, all agreeing to blame the sign if they get in trouble. The sign writer then charges a consulting fee, while getting tax breaks as a technology company.

[samuraijack]

This is what you get unfettered corporate power, low corporate taxes. They never benefit the society. They are meant to benefit a select few

[techcafe]

the current FTC Chair, Lina Khan, has been taking on these big corporate monopolies and that's why they want her fired, because she's actually doing her job, unlike her predecessors.

[Shoezilla]

When meat is too expensive, eat the rich

[oneillbilder]

So how exactly can we guard against the coming financial reset for 2024? Like what are really the best strategies to make our portfolio recession proof against the incoming financial reset? I'm very worried about my $110k stock portfolio.

[geoffl]

it's easy to fix prices when 4 companies control 80% of the meat processing industry. pass the PRIME act to increase competition.

[jordanleach]

We are living in a horrible time in America. This is ridiculous. We gotta share this information for the masses.

[dano]

This is what happens when you allow unfettered access of corporate money to politicians and judges.

[Sythemn]

"People need to go to jail" - duh... We have decades of wealthy people doing catestrlphically bad things and suffering 0 repercussions.

Fines are just the cost of doing business. Jail time, not so much.

[JubeiKibagamiFez]

2:10 So, this is basically what caused chicken wing to go up from $0.99/lb to $4/lb???

[BOZ_]

This is just a slightly more sophisticated price fixing cartel. 100% illegal