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Egg producers and two trade groups inflated prices for years, federal jury finds
1 year ago
9
Three major food companies overpaid for eggs for years because the country's top producers as well as two trade groups engaged in a scheme to restrict supply and inflate costs, an Illinois federal jury found on Tuesday.
The decision capped a five-week antitrust trial against Cal-Maine Foods Inc., Rose Acre Farms Inc., and two egg-industry trade groups, United Egg Producers and United States Egg Marketers. The verdict is a huge victory for the plaintiffs, General Mills Inc, Kellogg Co., and Nestle SA, Bloomberg Law first reported.
Read the full story here:
https://www.washingtonexaminer.com/news/crime/egg-producers-trade-groups-inflated-prices-years
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