@utahisawesome: The Utah Food Bank is handing out 1,512,000 eggs that Utah won in a price-fixing settlement with three major egg producers. The first shipment arrived Oct. 5, Attorney General Derek Brown announced. Utah sued Cal-Maine Foods, Versova Holdings and Hickman's Family Farms, alleging the companies swapped pricing and bidding plans rather than compete, raising what Utahns paid for eggs. "Utah families paid more than they should have for eggs, all because a few companies decided to cheat rather than compete," Brown said. The food bank is sending the eggs through its 360 partner agencies statewide, putting families who rely on food assistance first. The settlement also bars the three companies from coordinating with competitors on prices, supply or bids for five years. #utahfoodbank #utahnews #saltlakecityut #utahfamilies
Utah is Awesome
Region: US
Tuesday 13 October 2026 11:51:54 GMT
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Lane Jarvis601 :
🤔
2026-10-14 02:03:58
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Daniel Hart8540 :
So let me get this straight: they pocket an estimated $1.2 billion from the scheme, pay a $3.3 million fine, and donate eggs valued at $9.7 million retail (which cost them pennies to produce). Guess they only cleared a cool $1.21 billion. Seems totally fair 🙄.
2026-10-14 01:16:26
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