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.
A combination of factors, from higher-than-expected costs in retirement, to the increased age to take full Social Security Benefits, to a lack of proper financial planning, has led to a lot of... -- A majority of German executives think the European Union has lost attractiveness as a place for doing business, according to a new survey by the DIHK industry lobby.
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