BJ's Hits Tyson, Perdue And Others With Price-Fixing Suit
By Matt Bernardini (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...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!