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ACCC sues a dozen egg producers over alleged cartel conduct
The watchdog says 12 producers coordinated egg supply decisions for years, a move it says likely reduced competition and raised consumer prices.
- On Tuesday, the Australian Competition and Consumer Commission filed civil proceedings in the Federal Court against 12 egg producers, alleging they engaged in cartel conduct that reduced market competition.
- The watchdog alleges that since at least October 2020, producers coordinated business decisions including production volumes, distribution, and culling to manage perceived oversupply, substantially reducing competition for many years.
- ACCC Chair Gina Cass-Gottlieb accused Sunny Queen, Doug Hall Poultry, and McLean Farms of purchasing Queensland property to block rivals and restricting Kinross Farm's sales to Woolworths, Coles, and other major retailers.
- Sunny Queen denied all allegations, stating the company "has cooperated fully with the ACCC throughout the course of its investigation" and intends to defend the Federal Court proceedings.
- This marks the first concerted practice case since 2017; ACCC Chair Cass-Gottlieb noted fair competition ensures "more choice" and "lower prices," critical for consumers buying household staples.
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Sydney Morning Herald+3 Reposted by 3 other sources
Australia’s biggest egg supplier, 11 others accused of cartel conduct
The competition watchdog has alleged the producers manipulated the market for at least six years, potentially driving up prices that consumers pay.
·North Sydney, Australia
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ACCC sues a dozen egg producers over alleged cartel conduct
Save (0) Please login to bookmark Close Username or Email Address Password Remember Me Save (0) Please login to bookmark Close Username or Email Address Password Remember Me The ACCC has brought proceedings alleging a dozen egg producers for allegedly engaging in cartel conduct by coordinating business decisions, in the first matter to allege violations of the concerted practices prohibition. The Federa…
Coverage Details
Total News Sources11
Leaning Left4Leaning Right2Center3Last UpdatedBias Distribution45% Left
Bias Distribution
- 45% of the sources lean Left
45% Left
L 45%
C 33%
R 22%
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