Tyson Foods Inc. said Wednesday (June 10, 2020) that it is cooperating with the U.S. Department of Justice in its pricing investigation into the poultry industry, as part of a program to protect meat processors from criminal prosecution.
Tyson, which was served with a subpoena in April 2019, said the formal grant under the DoJ’s corporate leniency program would mean neither the company nor its employees will face criminal fines, jail time or prosecution.
The news comes a week after the chief executive of poultry company Pilgrim’s Pride Corp was indicted along with three other current and former industry executives on charges of seeking to fix chicken prices in the United States.
The charges were the first in a criminal probe of price-fixing and bid-rigging involving broiler birds, which account for most chicken meat sold in the United States.
Source: Online/SZK
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