Justice Department Requires Egg Producers to End Coordinated Benchmark Manipulation that Artificially Inflated Prices Across the Country

Cal-Maine Foods Inc., Hickman’s Egg Ranch Inc., and Versova companies were charged with unlawful price manipulation. The proposed settlements aim to prevent future coordination in price inflation. The exact dollar amount of the settlements was not disclosed.

• •Cal-Maine Foods, Hickman’s, and Versova charged with price manipulation.
• •Proposed settlements aim to prevent future coordinated actions.
• •The case was filed in the Northern District of Iowa.
• •This action seeks to lower egg prices for consumers.

Consumers will likely see lower egg prices as the settlements prevent future price manipulation. This enforcement action addresses years of unlawful conduct affecting affordability.