Price Fixing

The Antitrust Service has intensified its crackdown on six gas station chains in the Moscow region accused of illegally coordinating simultaneous price hikes at the pump.

The U.S. Justice Department and 17 states reached settlements with Cal-Maine Foods, Versova, and Hickman's Egg Ranch for allegedly colluding to manipulate egg prices between June 2022 and March 2025. The companies will pay $3.3 million and donate 53 million eggs to food banks, with the settlements requiring antitrust compliance measures and court approval.

Three major egg producers have agreed to pay $3.3 million and donate 53 million eggs to settle allegations of price fixing. The U.S. Justice Department and 17 states reached settlement agreements with the companies over claims they colluded to raise prices.

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.

Amazon has expanded its built-in AI price history feature to display a product's price changes over the past year. The update comes ahead of Amazon's Prime Day, amid a California lawsuit accusing the company of price-fixing by pressuring vendors to raise prices at other retailers.

Eight defendants pleaded guilty to a violent conspiracy to monopolize the transmigrante forwarding agency industry through price fixing, competitor extortion, and money laundering. The U.S. Department of Justice announced the guilty pleas related to their coordinated illegal scheme.