ABC News reports:
The Justice Department is in the early stages of investigating the major egg producers over soaring egg prices, source familiar with the matter told ABC News.
Department investigators are looking into whether the major egg companies are sharing information about supply and pricing, possibly contributing to price increases, the sources said. Egg producers, including the industry’s trade association, have said the soaring prices are due to the avian flu.
The investigation is being run out of the Antitrust Division of the Justice Department and won’t necessarily lead to any legal action.
Read the full article.
When the Biden WH suggested corporate price gouging may be responsible for high costs it was widely mocked by conservatives. Now the Trump DOJ is investigating larger egg producers to see if they’ve conspired to raise prices or hold back supplyhttps://t.co/L1OZGYTjij
— Sam Stein (@samstein) March 7, 2025