Wednesday, July 7, 2021

SubWay files suit against pork packersSubWay files suit against pork packers

 A trustee representing purchasing agents for Subway restaurants has filed a lawsuit in the U.S. District Court of Connecticut accusing several leading pork suppliers and data provider Agri Stats Inc. of conspiring to limit pork production and maintain artificially inflated prices.

It is similar to a number of other lawsuits citing the same information.

The suit accuses companies including Clemens Food Group, Hormel Foods, JBS USA, Seaboard Foods, Smithfield Foods, Triumph Foods and Tyson Foods of coordinating with each other to exchange detailed supply and pricing data for pork sold in the United States from as early as 2009 to the present.

Some of the pork packers have reached settlements, such as Smithfield which last week said it would pay $83 million to resolve price-fixing claims by direct pork purchasers including distributors and grocers.