Jury Finds Egg Producers and Trade Groups Liable in Price-Fixing Conspiracy

Kellogg, Kraft, and Nestle likely overpaid for eggs due to a conspiracy by the nation's largest egg producers and two trade groups to restrict supply, according to an Illinois federal jury. The jury found that Cal-Maine Foods, Rose Acre Farms, and the trade groups will have to pay damages to the food companies. The amount of damages will be determined in a future trial. This verdict could encourage other plaintiffs seeking to hold food producers accountable for anticompetitive behavior.