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DOJ investigates potential antitrust violations in egg industry as prices soar due to bird flu.
The US Department of Justice has launched an antitrust investigation into the sharp rise in egg prices, which have nearly doubled in the past year and are predicted to increase by another 41% this year.
The price surge is partly due to the bird flu epidemic, which has led to the culling of over 166 million birds.
The DOJ is examining whether large producers have conspired to increase prices or restrict supply.
The USDA plans to invest up to $1 billion to address the issue, including $500 million for biosecurity measures, $400 million for financial relief for farmers, and $100 million for vaccine research.
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El DOJ investiga posibles infracciones antimonopolio en la industria del huevo a medida que los precios se elevan debido a la gripe aviar.