Remember When Eggs Cost $8 a Dozen? Investigators Say It Wasn’t Just Inflation

Egg producers to pay $3.3M, donate 53 million eggs to settle price-fixing claims

NEW YORK — The U.S. Justice Department and 17 states reached settlement agreements with three major egg producers last week to resolve allegations that the companies illegally colluded for years to raise prices, including when the cost soared to record highs last year. The states and federal govern

Remember When Eggs Cost $8 a Dozen? Investigators Say It Wasn’t Just Inflation

A multistate investigation found that three major egg producers coordinated around a key pricing benchmark, with a proposed settlement requiring 53 million eggs be donated to food banks nationwide.Credit: Prapat Aowsakorn / Getty ImagesKey PointsThree major egg producers agreed to a settlement over allegations they illegally coordinated to influence egg prices from 2022 to 2025, though none admitted wrongdoing.If approved by a federal judge, the…

DOJ charges three major egg suppliers with price fixing

The price of eggs is almost 65% cheaper than it was in March of last year when it hit an all-time high of $6.23 a dozen. But behind the scenes, executives at America’s three largest egg producers were secretly colluding to hike the market price for eggs, according to the Justice Department.

Ellison announces settlement in egg price collusion investigation

Minnesota Attorney General Keith Ellison announced a multi-state settlement that could deliver more than 50 million eggs and $3.3 million.