Poultry Producers Hit With Chicken Price Antitrust Suit

Law360, New York (September 2, 2016, 5:13 PM EDT) -- Food distributor Maplevale Farms on Friday filed a proposed class action in Illinois against Tyson Foods, Pilgrim’s Pride and several other poultry producers alleging they conspired to fix chicken prices.

The poultry producers manipulated the price of so-called broiler chickens by coordinating and limiting production and exchanged detailed information about prices, capacity and sales volume through data compiler Agri Stats Inc., also named as a defendant in the suit, Maplevale Farms Inc. said.

“Defendants knew and intended that their coordinated limitation and reduction in Broiler supply...
To view the full article, register now.