McDonald's sues major beef producers

[Zoe]

Price fixing:

https://www.cnbc.com/2024/10/07/mcdonalds-sues-major-beef-producers-in-us-price-fixing-lawsuit.html#:~:text=McDonald%E2%80%99s%20has%20sued%20JBS%2C%20Tyson%20Foods%20and%20other,fast%20food%20giant%20to%20pay%20artificially%20higher%20prices.?msockid=3891d2c76c9b68642bb6c7d56dfa699d

 

[Zoe]

JBS, Tyson, Cargill and National Beef

 

[Zoe]

This ain't no joke on price fixing. If McDonalds sues you, you better be treading carefully.

Okay, you don't care.

 

[Surf Cat]

Haven't eaten a McDonald's hamburger since the dollar menu went away. To me, that's about all they're worth.

 

[Zoe]

McDonalds buys a ton of meat. Like 1.9 billion lbs of beef in a year. You may have better sources. This is one source:

How Much Beef Does McDonald's Use Per Year? The Key Facts

Have you ever wondered just how much beef McDonald's uses in a year?

www.verymeaty.com

 

[Zoe]

Haven't eaten a McDonald's hamburger since the dollar menu went away. To me, that's about all they're worth.

Your not looking at the big picture if they sue you. I don't know biggest retailers that buy meat. But McDonalds has to be near the top.

 

[Zoe]

Don't doubt other fast food chains and who else will join in the lawsuit.

 

[Zoe]

These are also known as the big four meat producers that McDonalds sued.

It ain't no joke.

I don't think McDonalds is scared of the lawsuit.

McDonalds is like how big a boy are you?

 

[Zoe]

Look at McDonalds stock price:

Loading…

finance.yahoo.com

$303.83 per share?

1000 shares would be worth $303,830. 10,000 shares would be worth 3,038,300.

100,000 shares would be worth $30,383,000.

 

[Zoe]

See, I look at it deeper. FTC and CFPB could be spurred on price fixing, which is directly related to AMCs and lending and non separation of fees.