Prices for the staple rose 10.4% in February even as overall inflation eased a bit. An outbreak of avian influenza continued to contribute to a nationwide egg shortage.
Category: Antitrust Laws and Competition Issues
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U.S. Investigates Egg Producers Over Soaring Prices
The Justice Department inquiry is said to be focused on potential antitrust violations among the country’s largest egg producers.
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U.S. Investigates Egg Producers Over Soaring Prices
The Justice Department inquiry is said to be focused on potential antitrust violations among the country’s largest egg producers.
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Rodney McMullen, Kroger CEO, Resigns After Board’s Personal Conduct Investigation
The grocery chain said it had investigated its chief executive, Rodney McMullen, and found that his actions were “inconsistent” with its business ethics policy.
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Is Bird Flu the Only Reason Egg Prices Are Soaring?
The nation’s biggest egg producer has seen rising revenues and profits. Now some Democrats are calling for an investigation into pricing practices in the industry.
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One Month into the Trump Presidency
The president has moved swiftly to remake Washington. But for business leaders, that volatility has often been hard to navigate.
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PGA Tour and LIV Golf Look for Merger Deal Under Trump
A tie-up involving the tour and LIV Golf was stalled under President Biden. They’re aiming to forge a new agreement under President Trump.
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U.S. Sues to Block Tech Deal in First Antitrust Action of Trump Term
The challenge to Hewlett Packard Enterprise’s acquisition of Juniper Networks came as many in corporate America had expected a lighter touch under a new administration.
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Frontier Airlines Offers to Buy Spirit Airlines, Again
Spirit, which filed for bankruptcy protection in November, called off a deal with Frontier in 2022 after receiving a higher bid from JetBlue that was ultimately thwarted by a federal judge.
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The House oversight committee will investigate Republican complaints about banks.
Venture capital and cryptocurrency companies have claimed that they are subject to politically motivated discrimination, though the banks firmly deny that.
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F.T.C. Sues Greystar, Largest U.S. Apartment Landlord, Over Hidden Fees
The antitrust and consumer protection agency accused Greystar Real Estate Partners of deceptive pricing, charging tenants millions of dollars in unadvertised fees.
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John Deere Sued by FTC Over Equipment-Repair Practices
The lawsuit against the maker of John Deere tractors represents a final push in the Biden administration’s broader efforts to make repairs less costly for consumers.