Cal-Maine, 3 Egg Suppliers Near Settlement in DOJ Price-Fixing Probe
Updated
Updated · Bloomberg · Jun 25
Cal-Maine, 3 Egg Suppliers Near Settlement in DOJ Price-Fixing Probe
2 articles · Updated · Bloomberg · Jun 25
Summary
Cal-Maine Foods and three other egg suppliers are close to settling a U.S. Justice Department investigation into alleged illegal coordination of egg prices, according to people familiar with the matter.
The talks also cover a bipartisan group of states that joined the federal probe, extending the potential resolution beyond Washington.
Hickman’s Egg Ranch and Versova are among the companies nearing deals, alongside Cal-Maine and other suppliers not identified in the report.
A settlement would move toward closing a multistate antitrust case centered on whether major egg producers coordinated pricing.