News Formal

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

  • 📰 AP
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 51%

Россия Новости Новости

Россия Последние новости,Россия Последние новости

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; Domino Sugar; Cargill; other producers, and a commodity data company.

MINNEAPOLIS — 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. 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.

 

Спасибо за ваш комментарий. Ваш комментарий будет опубликован после проверки
Мы обобщили эту новость, чтобы вы могли ее быстро прочитать.Если новость вам интересна, вы можете прочитать полный текст здесь Прочитайте больше:

 /  🏆 728. in RU

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Antitrust lawsuits accuse major US sugar companies of conspiring to fix pricesMINNEAPOLIS (AP) — Three antirust lawsuits filed by food businesses in federal court in Minnesota this week accuse some of the largest U.S.
Источник: Mynorthwest - 🏆 438. / 53 Прочитайте больше »