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US DOJ chief queried about egg price-fixing probe by US senators

( May 9, 2025, 15:52 GMT | Official Statement) -- MLex Summary: US Senators Elizabeth Warren and Jim Banks sent a bipartisan letter to Gail Slater, assistant attorney general for antitrust at the US Department of Justice, saying they support the DOJ’s investigation into potential anticompetitive behavior by egg producers, while seeking answers to questions by May 23.  "What was the cumulative increase in profits among the five largest egg producers (Cal-Maine Foods, Rose Acre Farms, Daybreak Foods , Hillendale Farms, and Versova Holdings) during the first three-quarters of FY2025?" the senators asked. In a follow-up, they asked what share of egg price increases can be explained by rising profitability and increased buybacks and dividends among these five egg producers during the same period.Statement follows. See attached document....

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