The Department of Justice announced Tuesday that it filed suit against some egg companies for alleged price manipulation. File Photo by Bonnie Cash/UPI | License Photo
June 30 (UPI) -- The Department of Justice and 17 state attorneys general filed suit against five egg producers for alleged "unlawful coordinated manipulation of egg prices," a press release said Tuesday.
The department's Antitrust Division filed suit against Cal-Maine Foods, Hickman's Egg Ranch, Centrum Valley Holdings, Versova Holdings and Versova Management Cooperative for unlawful coordinated manipulation of egg prices, the release said.
The department also "filed proposed settlements that will, if approved by the court, prevent these companies from engaging in such coordinated manipulation in the future."
"No product more quintessentially represents affordability than the price Americans pay for eggs," Associate Attorney General Stanley Woodward said in a statement. "These actions prove this department's continued commitment to protecting competition and providing real relief for everyday Americans' pocketbooks."
