Story
Justice Department Demands Beef Pricing Data from Walmart, Amazon in Antitrust Probe

The U.S. Department of Justice has widened its antitrust investigation into the meatpacking industry by demanding detailed information on beef pricing and purchasing strategies from eight of the nation's largest food retailers. The move signals an escalation in the government's scrutiny of the meat supply chain amid persistently high consumer prices.
Details of the Request
In letters dated July 14, Associate Attorney General Stanley Woodward requested that the retailers provide investigators with comprehensive data from the past six years. The Department of Justice confirmed the action in a social media post on Tuesday.
The information requested includes:
- Beef purchasing and strategy
- Retail pricing data
- Profit margins
- Internal market analysis
The retailers contacted are Amazon.com Inc. (AMZN), Walmart Inc. (WMT), Costco Wholesale Corp. (COST), The Kroger Co. (KR), Albertsons Cos. (ACI), Publix Super Markets Inc., Aldi Inc., and the U.S. unit of Koninklijke Ahold Delhaize NV (AD).
Broader Antitrust Investigation
AdThis latest step expands an ongoing probe into potential antitrust violations within the meatpacking sector, which the Justice Department initiated in May. The investigation follows a public request made last year by President Donald Trump as beef prices surged to record levels.
Stanley Woodward is currently overseeing antitrust enforcement at the DOJ while the Senate considers the president's nominee to lead the division. The focus on retailers suggests investigators are examining the entire supply chain, from processors to the point of sale, for potential anti-competitive behavior.
Market and Economic Context
The inquiry comes as beef prices remain a significant driver of food inflation. According to the U.S. Bureau of Labor Statistics, the average price for ground beef was $7.116 per pound in July, hovering near all-time highs.
In response to elevated prices, the Trump administration recently announced plans to allow up to 300,000 metric tons of beef imports at lower tariff rates. Separately, Walmart stated in July that it would reduce prices on certain seasonal items, including beef, potentially in response to consumer and government pressure.
Read next
More on Stocks
FTC Orders Walmart, Uber, Delta to Disclose Data on Personalized Pricing
The U.S. Federal Trade Commission is demanding nine major companies, including leading retail, travel, and gig economy firms, to provide information on how they use consumer data for setting individual prices and wages.

Google Launches Gemini 4 Carbon AI Model to Bolster Cybersecurity Capabilities
Alphabet's Google has unveiled Gemini 4 Carbon, its latest AI model specifically designed for advanced cybersecurity tasks like vulnerability detection and secure code generation. The launch escalates competition with rivals OpenAI and Anthropic in the enterprise AI market.

Oracle Shares Surge After Unveiling $225 Billion Revenue Target for 2030
Oracle stock rose sharply after the company presented a long-term financial outlook targeting at least $225 billion in annual revenue by fiscal 2030, driven by its expanding AI infrastructure business.

DOJ Scrutinizes Nvidia's $12.9B Hugging Face Deal Amid Broader Antitrust Probe, Sources Say
The U.S. Department of Justice is reportedly examining Nvidia's planned $12.93 billion acquisition of AI platform Hugging Face as part of a wider, ongoing antitrust investigation into the chipmaker's market conduct.