DoJ Opens Criminal Probe Into Meatpacking Cartel As Food Stocks Slide

DoJ Opens Criminal Probe Into Meatpacking Cartel As Food Stocks Slide Shares of Tyson Foods and Smithfield Foods fell in late-morning trading in New York after The Wall Street Journal reported that the Justice Department's antitrust division has opened a criminal probe into major meatpackers. The report follows President Trump's push for an investigation into meatpackers as supermarket beef prices remain near record highs. Criminal antitrust cases are typically brought for alleged...