Egg companies made $1.22 billion as Americans paid over $6 a dozen; now they'll donate 53 million eggs in DOJ settlement
- The sharp rise in egg prices that frustrated households across the United States has taken another turn after federal authorities and a coalition of states secured settlement agreements with three of the country's largest egg producers.
- While shoppers watched the price of a basic grocery staple climb to levels rarely seen before, investigators were quietly examining whether part of that increase was driven by more than supply shortages.
- The outcome does not amount to a finding of guilt, and the companies involved continue to reject allegations that they acted unlawfully.
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- The sharp rise in egg prices that frustrated households across the United States has taken another turn after federal authorities and a coalition of states secured settlement agreements with three of the country's largest egg producers.
- While shoppers watched the price of a basic grocery staple climb to levels rarely seen before, investigators were quietly examining whether part of that increase was driven by more than supply shortages.
- The outcome does not amount to a finding of guilt, and the companies involved continue to reject allegations that they acted unlawfully.
Sources: Times of India