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Shining Light on Farm & Food Policy for 20 Years.
Thursday, November 07, 2024
Kroger and Albertsons have agreed to delay their proposed merger until after a Colorado judge rules on the state’s request to permanently block it, eliminating the need for a preliminary injunction hearing scheduled for Aug. 12.
The Justice Department and the Federal Trade Commission have finalized a new set of merger guidelines that lay out the framework the two agencies will use when investigating future mergers.
A federal jury in Illinois has found two large egg producers and trade associations liable for conspiring to restrict supply and drive up egg prices, in a dispute the judge in the case said pitted “the nation’s egg makers against its egg breakers.”
The Agriculture Department is partnering with 31 state attorneys general to look more closely into anticompetitive practices in the food and agriculture sectors as part of a broader White House initiative to promote marketplace competition.
Three poultry companies have agreed to pay $84.8 million to compensate processing plant workers under agreements with the Justice Department that would allow a major acquisition to go forward and could spell trouble for the industry’s “tournament system” of paying growers.
Major food distributor SYSCO is the latest company to sue the nation's four dominant beef companies, alleging they conspired to limit supplies and fix the prices of beef sold to the company.
JBS has agreed to settle claims it conspired to limit supply in the beef market in order to drive up prices, which could spur other settlements in the lawsuit also brought against Tyson, Cargill and National Beef.
The Justice Department has filed an antitrust lawsuit to prevent United States Sugar Corp. from buying a rival processor, Imperial Sugar Co., from agribusiness giant Louis Dreyfus Co.