Egg producers will pay $3.3M and donate 53 million eggs to settle price fixing claims

The U.S. Justice Department and 17 states reached settlements with Cal-Maine Foods, Versova, and Hickman’s Egg Ranch over allegations of price-fixing by coordinating bids to manipulate egg price quotations between 2022 and 2025. The companies will pay $3.3 million and donate 53 million eggs to food banks, with no admission of wrongdoing, as part of the agreement requiring antitrust compliance measures.