Smithfield Foods to Pay $83 Million to Settle Pork Price-Fixing Claims

July 1, 2021 Smithfield Foods

Smithfield Foods said on Wednesday it will pay $83 million to settle litigation that accused several companies of conspiring to limit supply in the $20 billion-a-year U.S. pork market to inflate prices and their own profits.

Grocery Giants Discussed Fixing More Than Bread Prices, Court Files Suggest

June 22, 2021 Bryan Carney, The Tyee

Canadians buy over $4 billion of bread and baked goods every year — which meant that when Loblaw Companies Ltd. confessed to conspiring with competitors to keep prices high, consumers were angry.

Alaska Seeks More Than $1B in Price-Fixing Lawsuit Targeting Large US Poultry Producers and Distributors

The Alaska Department of Law is seeking more than $1 billion from 21 businesses involved in the poultry industry, accusing them of operating a cartel and illegally inflating the price of most chicken sold in the state.

Pilgrim’s Pride Agrees to $75 Million Settlement For Price-Fixing Claims

January 13, 2021 Jordan Strickler, Forbes

Pilgrim’s Pride, one of the nation’s largest chicken processors, has reached a $75 million deal to settle price fixing claims. The company will be coughing up the largest settlement thus far in a drawn-out legal battle over alleged collusion among the companies which dominate America’s $65 billion chicken industry.

Federal Court Denies Motions to Dismiss Turkey Price-Fixing Case

November 11, 2020 JD Supra

On October 26th, Northern District of Illinois Judge Virginia M. Kendall denied three motions to dismiss a putative class action alleging that the nation’s leading turkey suppliers—including Butterball, Cargill, House of Raeford, Tyson, and Perdue—engaged in a conspiracy to fix the prices of turkey sold in the United States over a seven year period.