Loading...
Market
What will be Pilgrim's Pride's financial performance post-settlement by December 31, 2024?
3
Resolution / Starting Odds
Revenue increases • 25%
Revenue decreases • 25%
Net profit increases • 25%
Net profit decreases • 25%
Company financial reports, news reports
Story
Pilgrim's Pride Settles Antitrust Case for $100 Million
Aug 19, 2024, 09:10 PM
Pilgrim's Pride, one of the largest U.S. poultry processors, has agreed to pay $100 million to settle claims that it conspired with rivals to underpay chicken farmers. This settlement is the final and largest in a seven-year-old antitrust case. The case involved allegations that Pilgrim's Pride, along with other poultry producers, engaged in anti-competitive practices to manipulate the pay of chicken farmers. The settlement marks a significant development in the broader legal battle over alleged market manipulation in the poultry industry.
View original story
Similar markets
Yes • 50%
No • 50%
Increase by 10% or more • 25%
Increase by less than 10% • 25%
No significant change • 25%
Decrease • 25%
Reopens • 25%
Permanently closes • 25%
Remains closed indefinitely • 25%
Relocated to a new facility • 25%
IPO completed successfully • 25%
IPO delayed • 25%
IPO cancelled • 25%
Other outcome • 25%
Significant decrease in sales • 25%
Moderate decrease in sales • 25%
No significant change in sales • 25%
Increase in sales • 25%
Identified source and resolved issue • 25%
Identified source but issue remains • 25%
Unable to identify source • 25%
Other • 25%
Significant positive impact • 25%
Moderate positive impact • 25%
No significant impact • 25%
Negative impact • 25%
Shut down permanently • 25%
Shut down temporarily • 25%
Remains operational with fines • 25%
Remains operational without fines • 25%
Acquired by another company • 25%
Reorganizes and continues operations independently • 25%
Liquidates assets • 25%
Other • 25%
Below $1 • 25%
Between $1 and $5 • 25%
Between $5 and $10 • 25%
Above $10 • 25%
Increase by more than 10% • 25%
Decrease by more than 10% • 25%
Fluctuate within +/- 10% • 25%
Remain stable • 25%