Senate Antitrust Blocking JBS Swift Acquisitions

Higher prices for you at the grocery store is what one group in Washington is hoping to stop by blocking a merger.

The JBS Swift company is trying to merge with the two remaining national beef producers in the United States. A request was filed Tuesday to stop JBS Swift's merger with the Smithfield Beef Group and the National Beef Packing Company.

A senate antitrust subcommittee says the merger could give JBS Swift sole control of nearly one third of the U.S. cattle market.