News and analysis for the global poultry industry.
Industry News & Trends / Business & Markets / Latin America
on February 3, 2020

JBS, BRF under investigation by antitrust regulator

Investigation is initiated after executives from both companies talk about raising chicken prices to offset increased price of corn

Brazilian meat and poultry companies JBS and BRF are being investigated by Brazilian antitrust regulator Cade, after executives from the two companies stated their intent to raise the cost of chicken prices.

According to a Reuters report, Cade opened its investigation on January 30, a decision reached with approval from…

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