Cargill Reaches Agreement With McDonald’s on Antitrust Claims
A quarter pounder with cheese at a McDonald's restaurant in El Sobrante, California.
Photographer: David Paul Morris/BloombergThis article is for subscribers only.
Cargill Inc. reached a settlement with McDonald’s Corp. over antitrust claims by the fast-food giant, which has alleged price fixing by beef suppliers.
The agreement results in the dismissal of claims by McDonald’s against Cargill while the case “continues against other defendants,” the companies said in a joint statement.