Egg Giants Settle Price-Fixing Claims | San Antonio News

Three major egg giants just settled massive price-fixing allegations—Cal-Maine, Versova, and Hickman’s—agreeing to pay $3.3 million and donate 53 million eggs to food banks after allegedly colluding to inflate prices between 2022 and 2025. The scheme reportedly manipulated industry pricing indexes, hiking costs for consumers, while the companies deny wrongdoing. They’ll now install antitrust compliance programs and stop sharing pricing secrets with rivals. Critics say the penalties are too light for corporations that made huge profits during the alleged scheme, while the Justice Department’s probe may have already broken the collusion—prices dropped once scrutiny began. 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/3065bb3c5d2ad89d