Antitrust lawsuits accuse major US sugar companies of conspiring to fix prices

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MINNEAPOLIS (AP) — Three antirust lawsuits filed by food businesses in federal court in Minnesota this week accuse some of the largest U.S.

MINNEAPOLIS — Three antirust 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. Minnesota grows more sugar beets than any other state. 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.

 

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France Dernières Nouvelles, France Actualités