The Kobeissi Letter
The Kobeissi Letter|Apr 17, 2026 21:09
BREAKING: The US Department of Justice is preparing to file a lawsuit against some of the US' biggest egg producers for "coordinated pricing," per WSJ. Details include: 1. The DOJ alleges that egg producers coordinated pricing through an information service that benchmarks prices for the industry 2. The civil lawsuit would target major producers including Cal-Maine Foods and Versova, which significantly hiked egg prices in 2024 and 2025 due to a supply shortage 3. This would mark the latest case of antitrust enforcement regarding sensitive information sharing 4. DOJ officials have internally said that egg prices began to fall after their investigation became public Egg prices surged over +200% between 2023 and 2025.(The Kobeissi Letter)
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