Several food giants claimed that Rose Acre Farms – which John Rust chaired until recently – unlawfully fixed the prices of eggs
Several food giants claimed that Rose Acre Farms – which John Rust chaired until recently – unlawfully fixed the prices of eggs
This is the best summary I could come up with:
The family farming company of a Republican candidate for the US Senate was found liable on Tuesday in a plot to fix the price of eggs.
Rose Acre Farms, which claims to be the second-largest egg producer in the country and until September was chaired by John Rust – now running as a Senate candidate for Indiana – was accused in a civil suit of cutting supply to raise prices.
Food giants including Kraft, Kellog, General Mills and Nestlé filed the suit in Illinois federal court, arguing that between 1999 and 2008 Rose Acre and other producers – Cal-Maine Foods, United Egg Producers and United States Egg Marketers – “unlawfully agreed to and did engage in a conspiracy to control supply and artificially maintain and increase the price of eggs”.
The food giants argued that, as companies which buy eggs, these moves hurt them by artificially driving up their costs.
His candidacy for Senate has met setbacks: his opponent, Congressman Jim Banks, was endorsed by the Indiana Republican party and, perhaps more important for GOP candidates, by ex-president Donald Trump.
“Today’s verdict proves John Rust isn’t just a conman pretending to be a Republican, he is a crook who exploits working-class Hoosiers across Indiana for his own financial gain,” the Associated Press quoted Banks as saying.
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