Ranchers Say 'Whoa!' To Meat Packers Merger

Law360, New York (November 14, 2008, 12:00 AM EST) -- Two groups representing cattle ranchers have joined the fight to block a merger between meat packers JBS SA and National Beef Packing Co. LLC, saying the union would create an oligopoly that would significantly lower the price of the ranchers' cattle.

The complaint was filed Thursday in the U.S. District Court for the Northern District of Illinois by the Ranchers-Cattlemen Legal Fund - United Stockgrowers of America, or R-CALF, and the Organization for Competitive Markets. It follows a suit lodged by the U.S. Department of Justice...
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