Domino and other U.S. sugar companies accused of conspiring to fix prices in antitrust lawsuits

  • 📰 CBSHealth
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

The plaintiffs in the class-action lawsuits include food businesses Great Harvest Bread, Morelos Bakery and restaurant group WNT.

Three antitrust lawsuits filed by food businesses in federal court in Minnesota this week accuse some of the largest U.S. sugar-producing companies of conspiring to fix prices.The lawsuits name United Sugars, which includes American Crystal Sugar and the Minn-Dak Farmers Cooperative; Domino Sugar; Cargill; other producers, and a commodity data company. The plaintiffs in the class-action lawsuits include Great Harvest Bread in Duluth, Morelos Bakery in St.

'The lawsuits, which make broadly similar claims, seek injunctions barring the sugar companies from engaging in illegal conduct and unspecified damages.The sugar industry, which is dominated by a handful of large companies, has faced antitrust scrutiny for decades. A 1978 consent decree banned sugar companies from communicating about future prices or coordinating on sugar sales. Minnesota grows more sugar beets than any other state.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 480. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Canada Canada Latest News, Canada Canada Headlines