Chicken Price ‘Fix Was in,’ U.S. Argues in Trial (Correct)

“The fix was in.” That’s what the Justice Department charged against major players in the U.S. chicken industry as a hotly anticipated criminal antitrust trial got underway in Denver this week.

At the heart of the matter is whether the 10 defendants, which include two former chief executive officers, conspired together to keep prices elevated in the $95 billion U.S. market. In his opening remarks, DOJ lawyer Michael Koenig said the insiders, who worked for five competing chicken companies including top producer Tyson Foods Inc., came together to create “massive, historic price increases” and stonewalled efforts by customers including ...