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California didn't just regulate textile waste — it built a single mandatory gatekeeper for market access, then handed the keys to a vendor incorporated by its own for-profit compliance consultancy. The trade group that helped write the law is now suing to undo its implementation.
A JBS employee testified under oath that executives 'expressly agreed' to cut slaughter volumes to suppress cattle prices. JBS just paid $8 million to settle the Canadian case — with no admission of guilt — while Cargill and Tyson remain in court.
The DOJ confirmed on May 4, 2026 that the Big Four meatpackers — controlling 85% of U.S. beef processing — are under active antitrust investigation, with 3 million documents reviewed and criminal tracks running parallel to civil. Bloomberg's supply-shock narrative explains today's prices. Forty years of structural concentration explains who pays for them tomorrow.
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