WASHINGTON, June 30 -- The U.S. Department of Justice's Antitrust Division issued the following news release:
The Justice Department's Antitrust Division, together with 17 State Attorneys General, filed acivil lawsuit against Cal-Maine Foods Inc. (Cal-Maine); Hickman's Egg Ranch Inc. (Hickman's); and Centrum Valley Holdings LLC, Versova Holdings LLC, and Versova Management Cooperative (Versova) for unlawful coordinated manipulation of egg prices. At the same time, the Department filed proposed settlements that will, if approved by the court, prevent these companies from engaging in such coordinated manipulation in the future.
"No product more quintessentially represents affordability than the price Americans pay for eggs," said Associate ...