US Justice Department Launches Investigation into Egg Price Hike Amid Alleged Collusion
2025-03-08
Bloomberg
The US Justice Department has initiated an antitrust probe into the recent surge in egg prices, with allegations of collusion between major egg producers, including Maine Foods and Rose Acre Farms, to artificially boost prices or restrict supply, potentially affecting consumers and the market. The investigation aims to uncover the truth behind the egg price spike and ensure fair competition in the industry, promoting transparency and accountability. As the probe unfolds, the department will examine the practices of these companies, including price-fixing and supply chain manipulation, to determine if any laws have been broken.
