A recent class-action lawsuit against Land O'Lakes alleges that the farmers' co-operative was part of a price-fixing conspiracy within the the ovo-industrial complex to keep egg prices artificially high. According to court documents, conspirators worked toward having fewer total hens laying in the United States, leading to more money per egg for everyone, and a nice violation of the Sherman Antitrust Act.
2 comments:
Our country has more and more LARGE companies than 50 years ago. It is much easier to price fix once the small entrepreneurs are out of business.
How long will it take for Walmart and Target to begin price fixing?
im sure we are all shocked that price-fixing goes on at all...
Post a Comment