ALBURQUERQUE, N.M. – The
The U.S. Department of Justice and 16 states’ attorneys general filed the lawsuit last month to prevent JBS from completing its acquisition of National Beef Packing. If the two companies do merge, it would create the largest beef processor in the world.
The attorney general’s office said that if JBS is allowed to purchase NBS, potentially this could mean higher priced beef for consumers, a lower price-per-head for
Other states reportedly joining New Mexico in the antitrust lawsuit include Arizona, Colorado, Connecticut, Iowa, Kansas, Minnesota, Mississippi, Missouri, Montana, North Dakota, Ohio, Oklahoma, Oregon, South Dakota, Texas and Wyoming.
Source: New Mexico Attorney General's Office
