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Tyson, Perdue Face Chicken Broiler Price-Fixing Suit

Sept. 6, 2016, 4:00 AM

Tyson Foods Inc., Perdue Farms Inc., Koch Foods Inc. and a number of other poultry producers conspired to fix prices in the $30 billion wholesale market for broiler chickens, plaintiffs said in a class action complaint. (Maplevale Farms Inc. v. Koch Foods Inc., N.D. Ill., 16-cv-08637, 9/2/16).

Maplevale Farms Inc. filed the suit on behalf of broiler chicken purchasers that allegedly paid supracompetitive prices as a result of the conspiracy, dating back to at least 2008.

The producers allegedly swapped price, capacity, sales and demand information through a third party called Ag Stats, and engaged in a ...