DOJ investigating major egg producers amid soaring prices: Sources

abcnews.go.com

DOJ investigating major egg producers amid soaring prices: Sources

abcnews.go.com

@MicroWave to

politics English • 1 day ago

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.

Summary

The Justice Department is investigating major egg producers over soaring prices, examining whether companies are sharing supply and pricing information.

The Antitrust Division’s investigation comes as egg prices doubled since January 2024, with wholesale prices reaching over $8 per dozen before recently dropping to $6.85.

Leading producer Cal-Maine Foods, which previously lost a price-fixing lawsuit, has seen rising profits.

Democratic lawmakers including Senator Elizabeth Warren have called on the Trump administration to address high food prices, alleging companies exploit crises like avian flu outbreaks.

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