The Justice Department has initiated an investigation into several major egg producers, including Cal-Maine Foods and Rose Acre Farms, amid surging egg prices. The inquiry is focusing on potential antitrust violations, particularly whether companies are colluding by sharing sensitive pricing and supply information. Egg prices have increased dramatically due to supply issues, exacerbated by avian flu that has led to the culling of millions of hens. While the investigation is still in its early stages, previous calls for regulatory scrutiny indicate growing concerns over pricing practices in the egg industry.
The Justice Department is investigating major egg producers over potential antitrust violations as skyrocketing egg prices raise concerns of price-fixing and collusion.
Investigators from the antitrust division are examining if companies like Cal-Maine Foods and Rose Acre Farms are sharing sensitive pricing information, driving price increases.
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