Justice Department and states reach $3.3M settlement with egg producers over collusion claims | AP News
- Justice Department and 17 states reached settlement agreements with three major egg producers this week to resolve allegations that the companies illegally colluded for years to raise prices, including when the cost soared to record highs last year.
- The states and federal government accused Cal-Maine Foods, Versova and Hickman’s Egg Ranch of a behind-the-scenes arrangement to “artificially inflate the daily price quotations for eggs” between June 2022 and March 2025.
- Cal-Maine Foods, Versova, and Hickman’s Egg Ranch were accused by federal and state authorities of a clandestine arrangement to "artificially inflate the daily price quotations for eggs" between June 2022 and March 2025.
Confirmed
- Justice Department and 17 states reached settlement agreements with three major egg producers this week to resolve allegations that the companies illegally colluded for years to raise prices, including when the cost soared to record highs last year.
- The states and federal government accused Cal-Maine Foods, Versova and Hickman’s Egg Ranch of a behind-the-scenes arrangement to “artificially inflate the daily price quotations for eggs” between June 2022 and March 2025.
- Cal-Maine Foods, Versova, and Hickman’s Egg Ranch were accused by federal and state authorities of a clandestine arrangement to "artificially inflate the daily price quotations for eggs" between June 2022 and March 2025.
Sources: AP, The Independent