Claxton Poultry Farms has been indicted in Colorado on charges of price-fixing broiler chickens produced for sale to restaurants and grocery stores, the US Justice Department announced.
The company’s president, Mikell Fries, and vice-president, Scott Brady, were previously indicted for their roles in a nationwide conspiracy to fix chicken prices from 2012 to 2019.
If found guilty, Claxton could be fined US$100 million, or twice what it gained from participating in the price-fixing.
Claxton, which is based in Georgia, sells 300 million pounds of chicken annually to 750 customers, including major chains, according to its website.
In February, Pilgrim’s Pride, one of the largest US poultry producers, pleaded guilty and was sentenced to pay US$107.9 million to settle federal charges that it conspired to fix chicken prices and passed on the costs to consumers and other purchasers. It is owned mainly by Brazilian meat packer JBS.
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
EU Brands Apple’s iPadOS as Gatekeeper in Tech Crackdown
Apr 29, 2024 by
CPI
Brussels to Investigate Meta Platforms’ Handling of Disinformation on Facebook and Instagram
Apr 29, 2024 by
CPI
OpenAI Faces Privacy Complaint in Vienna Over ChatGPT’s Data Handling
Apr 29, 2024 by
CPI
EU Launches Investigation into Czech State Aid for Digital TV Operators
Apr 29, 2024 by
CPI
UK Probes Lindab’s Acquisition of HAS-Vent Amid Fears of Market Monopoly
Apr 28, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Economics of Criminal Antitrust
Apr 19, 2024 by
CPI
Navigating Economic Expert Work in Criminal Antitrust Litigation
Apr 19, 2024 by
CPI
The Increased Importance of Economics in Cartel Cases
Apr 19, 2024 by
CPI
A Law and Economics Analysis of the Antitrust Treatment of Physician Collective Price Agreements
Apr 19, 2024 by
CPI
Information Exchange In Criminal Antitrust Cases: How Economic Testimony Can Tip The Scales
Apr 19, 2024 by
CPI