Justice Department reportedly to launch anti-trust investigation into high egg prices
“Consolidation in the breeder supply chain is on the rise,” the group added. “Just two private European corporations now control 90% of the world’s egg-layer hens, and Cal-Maine controls its own breeder flock
By News on the Net -- Catholic Vote—— Bio and Archives--March 12, 2025
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The Department of Justice (DOJ) has reportedly opened an anti-trust investigation to determine whether big egg producers have colluded to raise prices or diminish supplies of eggs, according to the Wall Street Journal (WSJ).
While the egg industry and many media outlets attribute the escalating cost of eggs only to avian flu, the WSJ report observes that Cal-Maine Foods, a large and publicly-traded egg company, “has reported rising profits from the rise in egg prices and saw its stock surge in the years since the bird flu outbreak.” ---More...
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