WASHINGTON (AP) — The Trump administration has reached a proposed settlement in an antitrust case against Agri Stats, a data-sharing company for the meatpacking industry. The federal government accused the company of helping drive up grocery prices. Justice Department officials, who initially brought the case under the Biden administration, see this as a victory in reclaiming competitive prices in the meat industry. Acting Attorney General Todd Blanche emphasized the importance of affordable food. Agri Stats would be required to share information with U.S. buyers under the settlement. U.S. beef prices have been climbing steadily since 2020 and are near record highs. But there are many reasons for that, and the solutions aren’t simple.
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