DOJ and States Settle Egg Price-Fixing Allegations With Civil Conduct Remedies

Short summary

DOJ and 17 states settled antitrust charges against three egg producers for manipulating Urner Barry's price quotations through coordinated bidding. The 5-year settlement requires conduct restrictions, compliance programs, $3.3M payment, and 53M egg donations. The case signals DOJ enforcement priorities in commodity markets and compliance risks for industries using third-party benchmarks.

• •Three egg producers settled DOJ antitrust charges for coordinating bids to manipulate benchmark prices from June 2022 to March 2025
• •Settlement imposes 5-year conduct restrictions, compliance programs, $3.3M payment, and 53M eggs to food banks
• •Highlights DOJ's focus on price-fixing in commodities and compliance risks for benchmark-driven industries

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