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Egg Giants Settle Price-Gouging Allegations | Lexington News
Three major egg giants are settling with federal and state authorities over alleged price-fixing from 2022 to 2025, accused of secretly coordinating bids to inflate egg prices nationwide. The collusion targeted Urner Barry’s daily price index, which sets prices for grocers and restaurants. Though none admit guilt, the companies agree to pay $3.3 million and donate 53 million eggs to food banks, plus implement antitrust compliance measures. Cal-Maine, the only public company, posted a $1.22 billion profit last year despite the probe — sparking criticism that penalties are too lenient…
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