Mad Cattlemen Sue Oprah
Source: Council for Economic Education (EconEdLink) | Type: Lesson
A lawsuit has been filed by a group of Texas cattlemen who charge that a 1996 Oprah Winfrey show about mad cow disease drove down cattle prices by misleading and frightening consumers. The suit was brought under what are known as Food Disparagement laws or "Veggie-Libel" Laws. The laws state that it is illegal for a person or persons to knowingly spread false information about perishable food items with malicious intent. This lesson will look at the market for cattle and examine the case against Oprah.
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