Courthouse News reports: A 12-year-old federal antitrust case against the nation’s largest egg producers came to a tentative close on Friday, after a jury delivered a verdict awarding four food corporations $17.7 in damages. Jurors in awarded Kraft, Kellogg’s, General Mills and Nestle the money after a two-day damages trial in Chicago’s Dirksen Federal Courthouse, the second half of a …
Read More »
Bloomberg Law reports: General Mills Inc., a Kraft Heinz Co. unit, Kellogg Co., and Nestle SA for years likely overpaid for eggs because the nation’s largest producers and two trade groups conspired to restrict the supply, an Illinois federal jury decided on Tuesday. A US District Court for the Northern District of Illinois jury of nine men and three women …
Read More »
The Sioux City Journal reports: Smithfield Foods will pay restaurants and caterers $42 million to settle a lawsuit that accused the giant meat producer of conspiring to inflate pork prices, which will likely only add to concerns about how the lack of competition in the industry affects meat prices. Lawyers began notifying companies affected by this latest settlement Tuesday. Previously, …
Read More »
Courthouse News reports: American Airlines agreed to pay $45 million to settle an antitrust class action accusing it of colluding with other domestic airlines to limit capacity and drive up fares, and will cooperate with the federal government as it pursues Delta and United. The Fort Worth-based airline settled under terms of a 20-page memorandum filed late Friday in District …
Read More »
The Associated Press reports: U.S. prosecutors filed a criminal charge Wednesday against the CEO of Bumble Bee Foods as part of an ongoing investigation into price fixing in the packaged seafood industry. A grand jury in San Francisco indicted Christopher Lischewski on one count of price fixing, alleging that from November 2010 to December 2013 he conspired with others in …
Read More »
Joe.My.God. LGBT News