U.S. antitrust regulators said Friday they are closely monitoring oil markets for potential price-fixing or market monopolization, and they urged state attorneys general to assist in investigating unlawful conduct. “Recent volatility in crude oil prices does not suspend either the antitrust laws or state consumer protection laws, and it does not authorize companies to manipulate … Read more
The Department of Justice and more than a dozen states have reached a proposed settlement with three of the country’s leading egg producers to resolve claims that the companies colluded to manipulate egg prices. The agreement comes after an investigation by federal antitrust enforcers and state attorneys general alleged that Cal-Maine Food, Versova/Centrum and Hickman’s … Read more
Indictments announced against Chinese container firms for alleged price-fixing during COVID pandemic – CBS News Watch CBS News The Justice Department on Tuesday announced indictments against four Chinese shipping container manufacturers for allegedly cutting production to fix prices during the COVID-19 pandemic. CBS News senior White House reporter Jennifer Jacobs has more. Source link