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Judi Lynn

(160,527 posts)
Fri Apr 24, 2020, 04:53 PM Apr 2020

Texas accuses US' largest egg producer of price gouging

Source: Associated Press


Updated 3:05 pm CDT, Friday, April 24, 2020

HOUSTON (AP) — Texas' attorney general has accused the nation's largest egg producer of price gouging during the coronavirus pandemic.

A lawsuit filed Thursday by Republican Attorney General Ken Paxton alleges that Cal-Maine Foods raised generic eggs price by 300% even though the pandemic hasn't disrupted its supply chain, the Houston Chronicle reported. Texas is seeking more than $100,000 in damages.

Cal-Maine denies the allegations, saying its prices are based on independent market quotes.

“We have been consistent in our pricing practices whether we sell at a profit or at a loss,” a spokesman said in an email.

Read more: https://www.chron.com/news/article/Texas-accuses-US-largest-egg-producer-of-price-15224143.php

9 replies = new reply since forum marked as read
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Texas accuses US' largest egg producer of price gouging (Original Post) Judi Lynn Apr 2020 OP
$100,000 Sucha NastyWoman Apr 2020 #1
He probably collected more than that just in bribes sandensea Apr 2020 #3
Uh oh! Is somebody pissed because he didn't get his cut! ResistantAmerican17 Apr 2020 #2
I'm surprised rpannier Apr 2020 #4
What? They didn't kick enough cash "upstairs"? paleotn Apr 2020 #5
The bright side is apparently there is demand for eggs Steelrolled Apr 2020 #6
A lot of milk producers are repugs, and selfishness is a... Hotler Apr 2020 #7
I disagree. believe the government would be buying from them. Steelrolled Apr 2020 #9
Free Market Conswervevatism? jayfish Apr 2020 #8

Sucha NastyWoman

(2,748 posts)
1. $100,000
Fri Apr 24, 2020, 05:08 PM
Apr 2020

Just a cost of doing business, if they are the US largest egg producer.

Gee, AG Ken Paxton, your such a tough consumer advocate.🤬

 

Steelrolled

(2,022 posts)
6. The bright side is apparently there is demand for eggs
Sat Apr 25, 2020, 10:59 AM
Apr 2020

It was distressing seeing milk being poured down the drain.

Hotler

(11,420 posts)
7. A lot of milk producers are repugs, and selfishness is a...
Sat Apr 25, 2020, 11:07 AM
Apr 2020

cornerstone of the repug party. They would rather dump their milk down a drain than to see it given away for free to low income or poor people.

 

Steelrolled

(2,022 posts)
9. I disagree. believe the government would be buying from them.
Sat Apr 25, 2020, 11:30 AM
Apr 2020

I think they would be more than willing to take the money rather than dump it down the drain.

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