A storied Canadian producer of bread and bakery products has a month to pay a $50 million fine for price-fixing in an ongoing federal probe which still has eyes on […] Read more
Tag Archives price-fixing
Canada Bread fined $50 million over price-fixing
'Leniency' settlement follows breadmaker's guilty plea
JBS to pay US$25 million in latest beef price-fixing settlement
Settlement calls for co-operation in cases against other defendants
Reuters — JBS SA has agreed to pay US$25 million to commercial beef purchasers that accused the meat-packing company of conspiring with industry rivals to restrict market supply in order […] Read more
Smithfield Foods to pay US$75 million in pork price-fixing settlement
Follows similar settlement by JBS
Reuters — Smithfield Foods has agreed to pay US$75 million to settle a lawsuit by consumers who accused the meat producer and several competitors of conspiring to inflate prices in […] Read more
Quebec group seeks to sue beef packers over pricing
Group's class-action application alleges price-fixing dating back to 2015
A Quebec consumer protection group intends to launch a class action lawsuit against four major beef processors in Canada and the U.S., alleging a “meat pricing conspiracy.” “At a time […] Read more
Pilgrim’s Pride strikes deal over U.S. chicken price-fixing charges
Reuters — U.S. poultry company Pilgrim’s Pride Corp. said Wednesday it will pay a US$110.5 million fine after striking a plea deal with the Justice Department over price-fixing charges on […] Read more
U.S. indicts six more chicken-industry execs over alleged price fixing
Case alleges executives conspired to inflate prices for broilers
Chicago | Reuters — The U.S. government has indicted six more chicken-industry executives over alleged price-fixing, broadening antitrust prosecutions in its probe of the US$65 billion poultry sector. In June, […] Read more
U.S. indicts Pilgrim’s Pride CEO for alleged chicken price-fixing
Allegations cover period from 2012 to 2017
Washington/Chicago | Reuters — The CEO of Pilgrim’s Pride Corp., a major U.S. poultry company, was indicted along with three other current and former industry executives on charges of seeking […] Read more
Packers win dismissal of U.S. pork price-fixing suits
Reuters — A federal judge on Thursday dismissed antitrust lawsuits accusing several large U.S. pork companies of conspiring to limit the supply of pork to inflate prices and their own […] Read more
U.S. launches criminal probe into alleged chicken price fixing by Tyson, rivals
Reuters — The U.S. Department of Justice has begun a criminal probe into allegations that Tyson Foods and other poultry processors including Pilgrim’s Pride and Sanderson Farms colluded to fix […] Read more
Tyson reveals subpoena linked to alleged price fixing
Reuters — Tyson Foods disclosed on Monday it has received a subpoena from the U.S. Securities and Exchange Commission following allegations it conspired with rivals for years to fix chicken […] Read more
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