Egg Producers Settle Price Fixing Allegations | Texas News

Three major egg producers are settling with the Justice Department and 17 states over a multi-month price-fixing scheme that allegedly drove up egg prices for consumers. Cal-Maine, Versova, and Hickman’s Egg Ranch are accused of secretly coordinating bids to manipulate daily egg pricing through Urner Barry Publications — a key industry index — from late 2022 to early 2025. The companies will pay $3.3 million and donate 53 million eggs to food banks, without admitting guilt. They also agree to stop colluding on pricing and adopt antitrust compliance programs. While egg prices dropped after the probe began, Cal-Maine blames market disruptions like avian flu and the pandemic — not collusion — for price spikes. The settlements still await court approval but aim to end years of conduct that hurt families and small businesses. 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/e6d1a487030aae65