Farm Action Urges Court to Reject Proposed Egg Price-Fixing Settlements
“If the DOJ’s allegations are proven, these companies did not merely benefit from a crisis—they exploited it,” Farm Action wrote in its comment to the Court.
“If the DOJ’s allegations are proven, these companies did not merely benefit from a crisis—they exploited it,” Farm Action wrote in its comment to the Court.
“If the DOJ believes its own allegations, it should pursue consequences commensurate with them. Price fixing cannot become just another cost of doing business,” writes Farm Action President Angela Huffman.
What really drove egg prices higher? A government investigation alleges a price-fixing scheme that calls for real accountability.
We exposed corporate price gouging in the egg industry, leading to federal investigations, proposed legislation, and lower egg prices for families.
Cal-Maine reported billions in profits during the egg price spike, yet this settlement lets dominant egg producers treat alleged price fixing as the cost of doing business rather than real accountability.
Farm Action warns Congress that current proposals ignore the concentrated market forces that turn supply disruptions into steep price spikes for U.S. farmers.
Farm Action’s letter warns that without action, “temporary geopolitical disruptions” could escalate into “sustained financial harm” for struggling farmers.
Farm Action welcomes the administration’s move to crack down on price fixing and anticompetitive behavior in our food and agriculture system.
The Department of Justice’s investigation is a welcome first step. But if policymakers are serious about standing up to abusive corporate power, they must go beyond an inquiry.
“Ranchers need fair prices. Consumers deserve honesty at the checkout. It’s time to fix this broken system once and for all,” said Farm Action’s Angela Huffman.