Land O' Lakes settles suit over egg price fixing

  • Article by: MIKE HUGHLETT , Star Tribune
  • Updated: June 10, 2010 - 10:25 PM

U.S. producers are accused of reducing hen populations.

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morriss007Jun. 10, 10 8:10 PM

everyone makes millions and only the consumer pays the price as usual...the rich get richer...will never change

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dakmarkJun. 10, 10 8:10 PM

Corn being used for ethanol rather than feed = higher prices.

Corporate games and greed = higher prices.

Excessive taxation = Even higher prices.

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veilleuseJun. 10, 10 8:44 PM

@morriss007: Things can change. The consumer has the power, ultimately. It may not seem like you personally have much of an impact, but how you spend your money does matter. If the idea of the Land o' Lakes execs getting rich off your dollar doesn't appeal to you, then buy eggs from the farmers market. Then you are supporting a small, local business owner and not making the rich any richer.

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twelveuhohonJun. 10, 10 8:52 PM

play by the rules any longer???? I'm thoroughly fed up with corporate greed and with overpaid MBA executives, who haven't an ounce of ethical integrity. I won't participate in the stock market, and I think I'll be buying all my eggs from a small local supplier (where they are much fresher and healthier anyhow).

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merkinJun. 10, 10 9:16 PM

They never did. Everyone games the system in the name of the almighty dollar. The egg industry, AIG, and Enron are only the recent players in the game that says money trumps all. In WW II it was unscrupulous manufacturers who sold the Army defective equipment that cost soldiers their lives.

In the 1920s and '30s company owned gas stations sold petrol below cost, driving their independent competition out of business. That's why we have laws on the books prohibiting that practice. Of course after the competition was eliminated the oil company raised the price of gasoline to make huge profits. All in the name of good business.

In the mid 1800s farmers in Manhattan watered down their milk to sell to immigrant families with babies. They bolstered the watery milk with chalk to give it a better color. Delicious nutrition for a baby.

Enron manipulated electrical distribution in California to create the rolling brownout without regard to auto accidents from blacked out stoplights or people on respirators. Rent "Enron: The Smartest Guys in the Room" from Netflix for a chilling account of the company's operation.

We need to strip corporations of their rights and make them second class citizens. There's no reason a company should have more rights than a flesh and blood human being.

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changeagent2010Jun. 10, 1010:08 PM

The middle men gotta get their cut of the action don't they? You are right. There's always a reason for prices to go up and almost never a reason for prices to go down -- No need to pick on the farmers though. It's not just the price of eggs -- gas at the pump, utility rates, stock market, housing, cable TV, insurance rates, health care bills, taxes, politician's salaries and a few hundred other things I could name.

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strat1954Jun. 10, 1010:12 PM

These hard boiled egg execs will stop at nothing to throw their yolk of oppression over us all. I'm glad they finally cracked this case wide open.

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njbehlenJun. 10, 1010:24 PM

???? Is that court sealed?

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cml3165Jun. 11, 10 9:44 AM

Did most of you even know what company supplied your eggs? You see a name on a carton but that is now always who supplied the eggs. If you buy from a small farmer you also will have no idea what the chicken was fed, how the eggs were stored or if they were inspected or if they have feces on them that can cause you seroius illness. On the other hand you don't know that with store eggs.

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