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What will be the outcome of regulatory actions against other poultry producers by December 31, 2024?
2
Resolution / Starting Odds
Fines imposed • 25%
Settlements reached • 25%
Cases dismissed • 25%
Ongoing litigation • 25%
Publicly available court records, news reports, or official announcements
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.
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Plant shutdown • 25%
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No significant action • 25%
Increase testing • 25%
Issue recalls • 25%
Begin vaccinations • 25%
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Identified source and resolved issue • 25%
Identified source but issue remains • 25%
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Shut down permanently • 25%
Shut down temporarily • 25%
Remains operational with fines • 25%
Remains operational without fines • 25%
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No significant regulatory changes • 25%
Regulations are relaxed • 25%
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Widespread criticism • 25%
General support • 25%
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Negligence confirmed • 25%
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No fault found • 25%
Other causes • 25%
Significant reduction in new cases • 25%
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No change in case numbers • 25%
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Increased inspections • 25%
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New safety regulations • 25%
No significant action • 25%