Egg Price Fixing Suit
Settlement Reached in Egg-Price-Fixing Case
July 17, 2017
A settlement has been reached between National Food Corporation and its buyers in a case involving a price-fixing conspiracy in the national market for eggs.
The terms of the agreement have not been released.
At issue in the case was whether egg producers had undertaken measures to make national egg prices anti-competitive. Such measures may have included the exportation of eggs at a loss, and/or reductions in the size of flocks of egg-laying hens – tactics to artificially reduce egg supply and thereby drive up prices.
The suit had been brought by egg purchasers, who alleged that egg suppliers had used a certification program as an illicit means by which to manipulate the market and fix prices. That program imposed cage space requirements, and prohibited farmers from adding young hens to cages of older hens.
The case had been in court since 2008.
If you believe you’ve been the victim of a price-fixing scheme, you may be entitled to compensation. Contact the attorneys at TheLawFirm.com to learn how we can help you.
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