DOJ to sue major US egg producers for price fixing

The US Department of Justice is preparing to file a lawsuit against some of the nation's largest egg producers, alleging they engaged in coordinated pricing. According to the Wall Street Journal, the DOJ's case centers on claims that the producers used an information service that benchmarks prices to facilitate the coordination. This legal action targets a key sector of the food industry that has faced scrutiny over price spikes in recent years. The lawsuit represents a significant antitrust enforcement move by the federal government.