Egg Giants Settle Price-Gouging Claims | Vancouver News

Big egg giants Cal-Maine, Versova, and Hickman’s are settling a major antitrust case after allegedly colluding to inflate prices through a secret bidding scheme with Urner Barry Publications — the price-setter for billions of eggs. The Justice Department and 17 states accuse them of squeezing consumers, especially during last year’s soaring costs. No company admits guilt, but they’re paying $3.3 million and 53 million eggs to food banks, plus installing strict anti-collusion rules. Prices dropped after the probe began — and Cal-Maine insists it’s all baseless, though it’s moving on from the settlement. 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/f1f4c28f948dd533