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Egg Giants Settle Price-Gaming Probe | Birmingham News
Three major egg producers—Cal-Maine Foods, Versova, and Hickman’s Egg Ranch—are paying $3.3 million and donating millions of eggs to food banks after settling accusations they colluded to inflate egg prices. The deal follows a 15-month probe by the DOJ and state attorneys general, which uncovered emails urging executives to “bid strong, early and often” to drive up prices. While none admitted wrongdoing, the companies agreed to stop coordinating, implement compliance measures, and cooperate with oversight. Critics call the settlement weak, arguing it fails to hold them accountable for massive…
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