Maybe There Was an Egg Cartel After All

An investigation into egg prices in the US revealed that the industry has been dominated by a few large companies, including Cal-Maine Foods and Egg Innovations, which control around 70% of the market. This concentration of market power has led to price increases, making eggs less affordable for consumers. The investigation found that these companies have been engaging in anti-competitive practices, such as price-fixing and market manipulation, which has contributed to the rising costs. The article argues that the lack of competition in the egg industry has led to a cartel-like situation, where a few companies control the market and dictate prices.