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Egg Giants Settle Price-Gouging Claims | Des Moines News

Three major egg producers face big consequences after settling with the Justice Department and 17 states over alleged price-fixing that inflated egg costs for consumers and businesses. Cal-Maine, Versova, and Hickman’s allegedly coordinated bids to a key pricing service, artificially boosting egg prices from 2022 to 2025 — a scheme New York’s AG called a squeeze on working families. Though none admit wrongdoing, they’re paying $3.3 million and donating 53 million eggs to food banks, plus installing antitrust compliance measures. Cal-Maine, the only publicly traded firm, made $1.22 billion in…

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