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Three of the United States' largest egg producers have agreed to pay $3.3 million to settle federal and state allegations that they manipulated egg prices, marking a rare coordinated enforcement action against the country's concentrated poultry supply chain.
Cal-Maine Foods, Versova, and Hickman's Egg Ranch reached the agreement with the Justice Department and attorneys general from 17 states.
The Settlement and Who It Covers Cal-Maine Foods, the largest shell egg producer in the United States by most industry measures, joined mid-sized rivals Versova and Hickman's Egg Ranch in resolving the allegations without admitting wrongdoing — a standard feature of civil settlements of this kind.
The involvement of 17 state attorneys general alongside the Justice Department signals that enforcers treated the conduct as a national market problem rather than a regional one.
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