Egg-cellent Victory: US Jury Agrees to $17.7 Million Settlement for Kraft and Other Producers in Egg Price-Fixing Case
WICHITA, Kan. – The United States jury has awarded a total of $17.7 million to Kraft and other egg producers after finding that they were victims of price-fixing. The case, which involved several major egg producers, concluded on Monday with the jury ruling in favor of the plaintiffs. The lawsuit alleged that the defendant, Michael Foods, along with other egg producers, engaged in a conspiracy to artificially inflate egg prices. Kraft and other companies accused the defendants of coordinating their efforts to limit the supply of eggs and drive up prices. The plaintiffs argued that … Read more