Egg producers will pay $3.3M and donate 53M eggs to settle price-fixing

5 hours ago

Three major egg producers (Cal-Maine Foods, Versova, Hickman’s Egg Ranch) settled price-fixing claims.
They allegedly colluded to artificially inflate egg prices from June 2022 to March 2025.
Settlement includes $3.3 million in payments and donation of 53 million eggs to food banks.
Companies must adopt antitrust compliance programs and stop communicating with competitors on pricing.
Egg prices soared to record highs in March 2025 ($6.23/dozen) due to bird flu and alleged collusion.
Prices dropped significantly after the Justice Department investigation began in March 2025.
None of the companies admitted wrongdoing; Cal-Maine called allegations 'baseless'.
Advocacy groups criticize settlement as insufficient for meaningful accountability.

Hasty Briefsbeta