Major Egg Producers To Pay $18M In Price-Fixing Case

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 two-phase litigation that began last month.

In the preceding liability trial, which concluded Nov. 21, the same jury found that U.S. egg producers like Cal-Maine Foods and Rose Acre Farms conspired to artificially squeeze the domestic egg supply, and subsequently inflate egg prices, for years.

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Jury awards corporations $17.7 million in egg price-fixing suit @djbyrnes1 https://t.co/jF8DR82sI2

— Courthouse News (@CourthouseNews) December 1, 2023