Penalty Amount
$3,300,000
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.
The companies must end illegal coordination, adopt compliance measures, designate antitrust compliance officers, donate 53 million eggs to food banks, and pay $3.3 million to the states.
In-house legal teams should review supply and procurement agreements for any clauses that reference benchmark pricing indices (e.g., Urner Barry) and ensure they include robust antitrust compliance provisions. Vendor agreements should prohibit coordination with competitors on pricing, bidding, or market data. Customer contracts should be checked for indemnification related to antitrust violations. Additionally, employment agreements should require antitrust training and designate compliance officers to monitor for collusion.
Entity
Cal-Maine Foods, Inc.
Industry
OtherOfficial Press Release
https://www.ag.state.mn.us/Office/Communications/2026/07/01_Egg-Prices.asp
04060 Cal Maine Order
https://www.ag.state.mn.us/Office/Communications/2026/docs/04060_Cal-Maine_Order.pdf
04060 Versova Order
https://www.ag.state.mn.us/Office/Communications/2026/docs/04060_Versova_Order.pdf
04060 Hickmans Order
https://www.ag.state.mn.us/Office/Communications/2026/docs/04060_Hickmans_Order.pdf
Minnesota Attorney General Enforcement Page
https://www.ag.state.mn.us/consumer/
"Cal-Maine Foods"
"$3.3 million"
"illegally coordinated for years to influence a daily price index for eggs, which artificially increased prices for retailers and consumers throughout the country"
"Joining Attorney General Ellison and DOJ in securing this settlement are the attorneys general of Arizona, California, Colorado, Connecticut, Florida, Hawaii, Iowa, Maryland, New York, North Carolina, Ohio, Pennsylvania, Texas, Utah, Vermont, and Wisconsin."
"adopt compliance measures to prevent future violations, and fully cooperate with oversight by the states"
$3.3M
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.
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