Kraft, Others Jump Into Egg Price-Fixing War

Law360, New York (December 13, 2011, 4:05 PM EST) -- Kraft Foods Global Inc. and three other major food product companies sued a group of prominent egg farmers and trade groups Monday in Illinois for allegedly conspiring to fix prices, joining the chorus of complaints over the purported plot that has already spawned multidistrict antitrust litigation.

In a new complaint in Illinois federal court — which will likely be consolidated with the Pennsylvania MDL — Kraft, Kellogg Co., General Mills Inc. and Nestle USA Inc. claim that because of the alleged plot, they bought substantial amounts...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.