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The U.S. Department of Justice's antitrust division is expanding its investigation into beef affordability to include eight major retailers, such as Walmart and Costco, according to a social media post.

The U.S. Justice Department expanded its beef price probe to include eight major retailers, including Walmart, Costco, Amazon, and Kroger. The investigation follows accusations of price manipulation and collusion in the beef industry, with Tyson Foods previously settling a lawsuit for $82.5 million. The retailers have not yet responded to requests for comment.

The DOJ is expanding its investigation into major grocers, including Kroger, Walmart, and Amazon, over rising beef prices. The issue stems from supply-demand imbalances and tariffs, not grocer pricing practices. Short-term relief may come from suspended tariffs on imported beef, but long-term solutions require rebuilding U.S. cattle herds.

The U.S. Justice Department expanded its beef price probe to include eight retailers, including Walmart, Costco, and Amazon, investigating potential price manipulation. The investigation follows President Trump's accusations against meatpackers and a $82.5 million settlement by Tyson Foods over beef price inflation claims.

Walmart is using a $2.9 billion tariff refund to lower prices on 11,000 items, including groceries and general merchandise, across its retail stores, Sam's Club, and digital platforms. The company views this as a long-term investment in customer loyalty, even if it pressures short-term profits. Walmart's CFO, John David Rainey, announced this during the latest earnings call, according to CBS News.

The Department of Justice has expanded its investigation into rising beef prices to include eight major grocery chains: Costco, Kroger, Publix, Walmart, Albertsons, Aldi, Amazon, and Ahold Delhaize USA. The probe follows a 10% increase in beef prices over the past year, according to the Bureau of Labor Statistics.