BJ's Hits Tyson, Perdue And Others With Price-Fixing Suit
Law360 (August 29, 2018, 12:51 PM EDT) -- BJ's wholesale club alleged Tyson, Perdue and other chicken producers inflated broiler chicken prices and overcharged consumers by over $3 billion per year over an eight-year period, according to a complaint filed Tuesday in Illinois federal court.
The chicken producers made a coordinated effort to raise prices and limit the number of chickens in the market by destroying breeder hens and chicken eggs and using a data company to identify competitors' production statistics, which allowed the producers to coordinate their actions, according to the complaint.
Between 2008 and 2016 the producers also manipulated a market benchmark price set by the Georgia...
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