Egg Cartons and Antitrust | Fargo News

The Justice Department and 17 states are suing three giant egg producers for allegedly rigging prices by manipulating market reports — a scheme that drove egg prices to a record high of $6.23 per dozen. Prosecutors say the companies coordinated fake bids just before daily price releases from Urner Barry to inflate demand and prices. While bird flu contributed to the spike, this alleged price-fixing adds fuel to the fire of rising grocery bills. The proposed settlements would ban price-sharing, require strict antitrust compliance, and force reporting of violations — all to restore fair competition and ease consumer costs. Public comment runs 60 days before a judge decides if the settlements should stand. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/d634042e9d57f532