Justice Department investigating surge in egg prices: report


The U.S. Department of Justice is investigating the recent surge in egg prices, according to a report. 

Antitrust enforcers with the department are looking into the cause of rising prices, including whether egg producers have conspired to artificially inflate them by holding back supply, the Wall Street Journal reported, citing sources. 

Egg prices have doubled in the last year and the U.S. Department of Agriculture predicts they could rise again by 41% over this year. 

eggs on a shelf

A sign is mounted on a shelf of eggs at a grocery store in Northbrook, Ill., Friday, Feb. 28, 2025. (AP Photo/Nam Y. Huh) (AP Photo/Nam Y. Huh / AP Newsroom)

CLICK HERE TO GET THE FOX NEWS APP

FOX Business has reached out to the Justice Department for comment. 



Source link

Leave a Comment

Your email address will not be published. Required fields are marked *