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Jury Orders Egg Suppliers to Pay $17.7 Million in Damages for Price Gouging in 2000s to several major food manufacturing companies who sued egg producers over a conspiracy to limit the supply..
.usnews.com ^ | Dec. 1, 2023 | Associated Press

Posted on 12/06/2023 10:48:58 AM PST by daniel1212

INDIANAPOLIS (AP) โ€” A federal jury in Illinois ordered $17.7 million in damages โ€” an amount tripled to more than $53 million under federal law...

The jury ruled last week that the egg producers used various means to limit the domestic supply of eggs to increase the price of products during the 2000s. The time frame of the conspiracy was an issue throughout the case; jurors ultimately determined damages occurred between 2004 and 2008...

Food manufacturers joining as plaintiffs in the lawsuit against the egg producers are Kraft Foods Global, Inc., The Kellogg Company, General Mills, Inc. and Nestle USA, Inc. The jury found the egg suppliers who participated in the conspiracy were Cal-Maine Foods, Inc., United Egg Producers, Inc., United States Egg Marketers, Inc. and Rose Acre Farms, Inc.,


TOPICS: Culture/Society; Foreign Affairs; Government
KEYWORDS: agriculture; bacon; eggs; food; poultry; prices
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To: Billthedrill

It’s all a shell game.


21 posted on 12/06/2023 11:45:55 AM PST by ImJustAnotherOkie
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To: bk1000

Yep.


22 posted on 12/06/2023 11:47:05 AM PST by RushIsMyTeddyBear ("Equity" = "All animals are equal. Some animals are more equal than others.")
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To: bk1000
My extended family members who had chicken houses for generations shut it down a couple of decades ago. They said the egg and chicken meat corporations they sold too increased their regulations on how best to "care" for the chicken. I asked for clarification and they said it wasn't federal or state regulations making it too expensive to run the chicken houses, it was regulations coming from the corporations.

At the time I was thinking it was a kind of ESG marketing ploy by the corporations (before we used the term "ESG").

23 posted on 12/06/2023 11:47:45 AM PST by Tell It Right (1st Thessalonians 5:21 -- Put everything to the test, hold fast to that which is true.)
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To: MrRelevant

The quirk in the law is you can have a monopoly, but you cannot do things that maintain that monopoly.

You also cannot ‘collude’ with your competitors to maintain or raise the price of your products, that is ‘price-fixing’................


24 posted on 12/06/2023 11:50:06 AM PST by Red Badger (Homeless veterans camp in the streets while illegal aliens are put up in hotels.....................)
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To: MrRelevant

We bought chickens, so we have enough without buying them...........


25 posted on 12/06/2023 11:51:19 AM PST by Red Badger (Homeless veterans camp in the streets while illegal aliens are put up in hotels.....................)
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To: daniel1212

These egg producers should have stopped all sales to these companies on the day the lawsuit was filed and they should not sell anything in the State of Illinois in an effort to mitigate any future damages. Only EXPORT your eggs to free countries like North Korea or China...


26 posted on 12/06/2023 11:58:56 AM PST by eyeamok
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To: daniel1212

Sue the Chickens

Make them pay in ‘feathers’.


27 posted on 12/06/2023 12:00:05 PM PST by Scrambler Bob
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To: Harmless Teddy Bear

You get a $0.25 discount on your eggs if you bring your own carton.
= = =

What if you bring your own chicken to help?


28 posted on 12/06/2023 12:02:15 PM PST by Scrambler Bob
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To: metmom
I buy all mine now from a free range egg laying farm about three miles from my house.
She has 3000 birds. Buys 1000 chicks every year.
So, she also sells whole frozen chickens when she culls the flock.

She also has sheep. They make cheese and unfortunately they started making GELLATO in the last year. This is because every Saturday when I go to get eggs, Mrs Woodbutcher says: make sure you get GELLATO. It is delicious. half pint is $5. Full pint $10. 1 dozen eggs $5. Duck eggs $8. Jumbo chicken eggs $8. Irregular chicken eggs $3/doz

She also sell lamb meat of various cuts. She also has several Guinea Hens, some peacocks, and some ducks.

29 posted on 12/06/2023 12:09:08 PM PST by woodbutcher1963
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To: Scrambler Bob
Yeah, don't bring your own chickens.

Most of us are absolutely paranoid about bringing diseases like blackhead into our flocks. Especially those of us who have mixed flocks of birds.

30 posted on 12/06/2023 12:30:57 PM PST by Harmless Teddy Bear (Keep America Beautiful by keeping Canadian Trash Out. Deport Jennifer Granholm!)
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To: rktman

>Woo Hoo! When can WE expect our checks?<

Unless you are one of these people, no soup for you.

BTW - The lead lawyer in this hen house suit was Brandon D. Fox. The jokes write themselves.

https://www.jenner.com/en/people

EC


31 posted on 12/06/2023 12:48:44 PM PST by Ex-Con777
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To: Ex-Con777

Yikes!


32 posted on 12/06/2023 12:51:44 PM PST by rktman (Destroy America from within? Check! WTH? Enlisted USN 1967 to end up with this๐Ÿ’ฉ? ๐Ÿšซ๐Ÿ’‰! ๐Ÿ‡ฎ๐Ÿ‡ฑ๐Ÿ‘!)
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To: bk1000

Intentional.

As usual.

Will anyone go to jail?

No.

So it will happen again.

Corporate executives need to be criminally liable for their corporations actions.

This shielding of them is nonsense


33 posted on 12/06/2023 12:54:26 PM PST by HamiltonJay
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To: daniel1212

Egg producers did the same thing through the Chinese flu days too.


34 posted on 12/06/2023 1:06:20 PM PST by subterfuge (I'm a pure-blood!)
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To: subterfuge

Lumber producers also rigged prices during the Pelosi pandemic. Lumber yards were flush with product. Supply chain my a$$.


35 posted on 12/06/2023 1:08:02 PM PST by subterfuge (I'm a pure-blood!)
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To: daniel1212

Probably just lawyers looking for business .


36 posted on 12/06/2023 1:09:43 PM PST by HereInTheHeartland (Have you seen Joe Biden's picture on a milk carton?)
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To: bk1000

I only buy pasture raised organic eggs. Brand I like is Wilcox Family Farms. They are in WA, where I live, so don’t have to pay higher prices for just-as-good eggs trucked in from east coast farms.

My neighbor, a vegan, who doesn’t even eat eggs, knows the owner of Wilcox and
says he’s extremely consientious about caring for his flocks. Wilcox yolks are always orange, not yellow, indicating higher good-for-you omega 3 content.
Suggest everyone buy pasture raised eggs from a farm nearest you.


37 posted on 12/06/2023 1:46:57 PM PST by Veto! (FJB Sucks Rocks)
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To: Harmless Teddy Bear

In NY that was not allowed.

However, NH is still relatively free.


38 posted on 12/06/2023 1:52:20 PM PST by metmom (He who testifies to these things says, โ€œSurely I am coming soon.โ€ Amen. Come, Lord Jesus.)
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To: woodbutcher1963

Wow.. I canโ€™t find anything like that in my area. Kudos to you for healthy food.


39 posted on 12/06/2023 3:29:50 PM PST by momincombatboots (BQEphesians 6... who you are really at war with. )
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To: Harmless Teddy Bear
I do know during that time that the biggest part of the price was the cost of the carton. Same with milk, the largest part of the price of milk is the cost of the bottle. Which is why buying four quarts is more then buying one gallon. More food quality resin and energy is used to blow four quart bottles rather then one gallon bottle. And the price of a heavy plastic bottle, like with the chugs, really raises the price. So there you go. More then you ever actually wanted to know about the price of eggs and milk.

As a milk fan and former dairy worker I prefer milk in cardboard or dark plastic, since store light causes oxidation and affects taste.

40 posted on 12/06/2023 5:33:41 PM PST by daniel1212 (Turn 2 the Lord Jesus who saves damned+destitute sinners on His acct, believe, b baptized+follow HIM)
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