price-fixing

Egg producers Cal-Maine Foods, Versova, and Hickman’s will pay $3.3 million and donate 53 million eggs to resolve allegations of price-fixing. The U.S. Justice Department and 17 states accused the companies of colluding to raise egg prices, including during record-high cost periods.

California drivers have filed a proposed class action lawsuit against BP, Marathon, and Walmart, alleging the companies used an AI tool from Kalibrate to coordinate gas prices at over 1,700 stations in the state. The lawsuit claims the AI system facilitated price-fixing among the defendants.

Japan is investigating ice cream companies for alleged price-fixing. The probe occurs amid record summer temperatures in the country.

The US has indicted Singapore-based shipping tycoon Teo Siong Seng in a price-fixing scandal, with legal experts noting the case aligns with standard American antitrust practices. Teo is the CEO of Hong Kong-based Singamas Container Holdings.

Newly unsealed records, as claimed by the California Attorney General, reveal Amazon's alleged price-fixing tactics. The records are part of a lawsuit alleging anti-competitive behavior by the e-commerce giant.

Newly unsealed documents in California's anti-trust case against Amazon allege the company pressured independent sellers to raise prices on competitors like Walmart and Target to make Amazon appear cheaper. Amazon denies engaging in price-fixing, but the records suggest the company closely monitored competitor pricing, even for minor discrepancies.

Newly unsealed records in California's anti-trust case against Amazon allege the company pressured independent sellers to raise prices on competitors like Walmart and Target, making Amazon appear cheaper. Amazon denies engaging in price-fixing, as the state claims it actively monitored competitors' pricing to maintain dominance.