The Department of Justice has launched an anti-trust investigation into escalating egg prices, including whether large producers have conspired to raise prices or hold back supply.
According to Bureau of Labor Statistics data, the price of eggs jumped 15.2% from December to January, and 53% from January 2024 to January 2025. The average price of a dozen Grade A large eggs in January was $4.95, a 139% increase from October 2023, when the cost was $2.07.
The DOJ sent a letter to some egg companies that instructed them to preserve documents about their pricing conversations with customers and competitors, as well as communications with the group that tracks wholesale egg prices, Expana, The Wall Street Journal reported Friday, citing people familiar with the matter.
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