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SettlementMedium RiskMultistate

Colorado AG settles with egg producers for price-fixing scheme

Cal-Maine Foods, Inc.June 30, 2026Colorado Attorney General

Penalty Amount

$3,300,000

Summary

Colorado Attorney General Phil Weiser, along with a bipartisan multistate coalition and the U.S. Department of Justice, settled with Cal-Maine Foods, Versova/Centrum, and Hickman's Egg Ranch for colluding to manipulate egg prices. The companies secretly coordinated bidding activity to influence the Urner Barry price index, artificially inflating egg prices for consumers and retailers nationwide. The settlement requires the companies to pay $3.3 million, donate 53 million eggs to food banks, and implement compliance measures.

Remedy

The companies must end illegal price coordination, adopt compliance measures, designate antitrust compliance officers, cooperate with oversight, donate 53 million eggs to food banks, and pay a combined $3.3 million to the states.

Monetary PenaltyInjunctionCompliance ProgramReporting Requirements

Contract Impact

In-house legal teams should review all supply and procurement contracts, particularly those tied to benchmark pricing indices like Urner Barry. Key clauses to examine include pricing mechanisms, benchmarking provisions, and any terms that allow for coordinated bidding or information sharing among competitors. Vendor agreements with agricultural cooperatives or large producers should be audited for antitrust compliance, and contracts should include explicit prohibitions against collusion and price manipulation. Additionally, compliance program requirements and antitrust training clauses should be strengthened to prevent future violations.

Contract Search Terms

price fixingbenchmark pricingsupply contractbidding coordinationantitrust complianceprice index manipulationUrner Barrycollusion clausecompliance officercooperative agreement

Laws Cited

Sherman Antitrust Act
15 U.S.C. § 1

Violation Types

Entity Details

Entity

Cal-Maine Foods, Inc.

Industry

Food Delivery

Multistate Coalition

Official Sources

Source Evidence

Entity Name
"Cal-Maine Foods, Versova/Centrum, and Hickman’s Egg Ranch"
Fine Amount
"The companies will also pay a combined $3.3 million to the states."
Laws Cited
"Sherman Antitrust Act"
Violation Types
"illegally coordinated for years to influence a daily price index for eggs, which artificially increased prices for retailers and consumers throughout the country."
Is Multistate
"A bipartisan multistate investigation with the U.S. Department of Justice"
Remedy Types
"end their illegal coordination to manipulate prices, adopt compliance measures to prevent future violations, and fully cooperate with oversight by the states."

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Cal-Maine Foods, Inc.

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Attorney General Ellison secured a settlement with Cal-Maine Foods, Versova/Centrum, and Hickman's Egg Ranch for illegally coordinating to manipulate egg prices. The companies secretly communicated to influence a daily price index, artificially raising costs for consumers. The settlement includes 53 million donated eggs, $3.3 million in payments, and compliance measures.

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