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« In The NewsNew Documents in Egg-Price Fixing Lawsuit Claim
The Associated Press reports on a lawsuit filed in U.S. District Court in Philadelphia alleging that the U.S. egg industry conspired to increase prices. A defendant in the case has turned over documents and internal memos revealing that an industry group called for egg producers to slow production. The article quotes Michael Hausfeld, lead attorney in this antitrust action: "If you can get an agreement to manipulate supply, you are changing the economics of the market. Consumers will pay more." Read the full article here.
More information on this case: Eggs
Practice Areas: Antitrust / Competition
