Food Politics

Sep 24 2008

Food price fixing? It’s not legal

As readers know, I love to collect reasons for the sharp increase in food prices that has occurred this year. Here’s a new one: price fixing. Although you might not know it from looking at the similar prices of food products in the same category, price fixing is illegal. Federal prosecutors are apparently looking into price collusion in the tomato industry (according to the Associated Press) and egg industry (Wall Street Journal). Who knew?

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Tags: Eggs, Food-crisis, Price-fixing, Tomatoes

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Jack at F&B
September 24, 2008
12:08 pm

I think the Breakfast Cereals group are the standard bearer for this. Has any other food category gone up as much since 1980?

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by Marion Nestle