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Wednesday, February 18, 2004

Tyson loses
Not Mike Tyson, the ear-biting rapist boxer, but Tyson Foods, whose crimes are on a much larger scale. The leading meat packer in the country, Tyson has used anti-competitive practices which restrict independent ranchers access to markets in order to hold down the prices Tyson pays for cattle. Since neither the Clinton nor the Bush Jr. administration was willing to enforce the antitrust laws, six independent ranchers filed a civil action against Tyson. Yesterday, a jury in Montgomery, Alabama awarded the ranchers a $1.28 billion judgment against Tyson.

Eric Schlosser's Fast Food Nation, as I recall (it has been about two years since I read it), had quite a bit about Tyson's practices. Like Wal-Mart, Tyson is based in Arkansas, and like Wal-Mart, they are willing to resort to just about anything to dominate their industry.