Page 158 - Antitrust Division News Today

WASHINGTON (Reuters) - Senator Elizabeth Warren, backed by some dozen other U.S. lawmakers, told the Justice Department that a plan to merge chicken p...

Bid rigging and price fixing will face further scrutiny.

Bid rigging and price fixing will face further scrutiny.

Supply chain disruptions have created an opportunity for companies to fix prices and overcharge customers, the Justice Department says.

Antitrust law violations will be the focus of the initiative.

The Justice Department is launching a new initiative aimed at identifying companies that exploit supply chain disruptions in the U.S. to make increased profits in violation of federal antitrust laws.

The Justice Department and FBI will be investigating entities that may be exploiting supply chain disruptions caused by the COVID-19 pandemic, the DOJ announced Thursday.

WASHINGTON (AP) — The Justice Department is launching a new initiative aimed at identifying companies that exploit supply chain disruptions in the U.S. to make increased profits in violation of federal antitrust laws.

The Biden administration plans to go after companies that may be using supply chain disruption to fix prices or overcharge customers.

Commodities trader Cargill Inc and Continental Grain Co announced in August that they would buy Sanderson Farms , the third largest chicken producer, and combine it with Continental's Wayne in a deal worth some $4.53 billion.