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
Sucha NastyWoman
(2,748 posts)Just a cost of doing business, if they are the US largest egg producer.
Gee, AG Ken Paxton, your such a tough consumer advocate.🤬
sandensea
(21,627 posts)Hidden in egg cartons, presumably.
ResistantAmerican17
(3,806 posts)Fuck Paxton. Check out his other indictments.
rpannier
(24,329 posts)I figured their Attorney General would call this free market
paleotn
(17,912 posts)Steelrolled
(2,022 posts)It was distressing seeing milk being poured down the drain.
Hotler
(11,420 posts)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)I think they would be more than willing to take the money rather than dump it down the drain.
jayfish
(10,039 posts)Free-market for thee but not for me.