Skip to: Content
Skip to: Site Navigation
Skip to: Search
THURSDAY, NOVEMBER 26, 2009
| Subscribe to Newser's RSS feeds RSS | Follow Newser on Twitter Twitter


0

Feds Dig Into Price-Fixing by Egg, Tomato Processors

New inquiries add to list of investigations

Share

(Newser) – The Justice Department is investigating allegations of price-fixing by tomato and egg processors, the Wall Street Journal reports today. California processor SK Foods is facing allegations it bribed buyers at six companies to pay inflated prices for tomato paste and chili peppers. Tomato prices have surged 16% over the past year, while overall food prices have risen only 6%.

Separately, grand-jury subpoenas have gone out to the three largest US egg processors to probe the pricing of powdered and liquid eggs. The investigations into tomato and egg products join current federal inquiries, not previously reported, into price-fixing in the fertilizer, cheese, milk and citrus fruit industries.

A customer looks at milk on display at JJ&F Market in Palo Alto, Calif., Wednesday, Aug. 20, 2008.
A customer looks at milk on display at JJ&F Market in Palo Alto, Calif., Wednesday, Aug. 20, 2008.   (AP Photo/Paul Sakuma)
In this June 10, 2008 file photo, tomatoes with vines still attached are on sale in Montpelier, Vt.
In this June 10, 2008 file photo, tomatoes with vines still attached are on sale in Montpelier, Vt.   (AP Photo/Toby Talbot, File)
Benina Burroughs of Merced, Calif., looks over a display of cherry tomatoes by Farmers with ALBA from Salinas, Calif., at a farmer's market during Slow Food Nation in San Francisco, Friday, Aug. 29, 2008. The four day celebration of food goes through Sunday. Slow Food has grown into a cause...
Benina Burroughs of Merced, Calif., looks over a display of cherry tomatoes by Farmers with ALBA from Salinas, Calif., at a farmer's market during Slow Food Nation in San Francisco, Friday, Aug. 29, 2008....   (AP Photo/Eric Risberg)
« Prev« Prev | Next »Next » Slideshow
OFF THE GRID
11.24.09
Murdoch and Microsoft: The Mice Are Trying to Roar
11.23.09
Books Are Bad for You
0 comments
VIEWING:
 
LEAVE A
COMMENT Comment Policy
Facebook ConnectPost this comment to Facebook?

After connecting you will have the option to post your comment on your Facebook profile.

 

Related Newser Stories

30 Stories

 Feds Probe 
 BofA-Merrill Deal 

FBI, Justice Department investigate timing of bonus payments: source

Sep 18, 09 3:55 PM CDT
(Newser) - Bank of America's acquisition of Merrill Lynch is the focus of an ongoing investigation by the FBI and Justice Department, sources tell the Charlotte Observer, the bank's hometown paper. The SEC and the AGs of New York and North Carolina have already launched civil probes of the timing of huge... More »

MORE ABOUT:
Department of Justice • FBI • Bank of America • mergers and acquisitions • Merrill Lynch • SEC • bonuses • New York Attorney General • New York attorney general • Securities and Exchange Commission • executive bonuses • North Carolina attorney general

(Newser) - Karl Rove is on the hot seat tomorrow. The former Bush adviser will be interviewed by federal prosecutors as part of a criminal investigation into the firings of US attorneys in 2006, the Washington Post reports. Rove will meet with Connecticut prosecutor Nora R. Dannehy, who has been charged... More »

MORE ABOUT:
Bush administration • Department of Justice • Karl Rove • Harriet Miers • US attorney firings • prosecutors • federal prosecution • Nora R. Dannehy

 FBI Neglected 
 Terror Watch 
 List: Audit 

Suspects may have traveled into US while off the list

May 6, 09 12:44 PM CDT
(AP) - The FBI is slow to update the national terror suspect watch list, and the lapses pose real risks to US security, according to a Justice Department audit. Twelve terror suspects who were either not listed or were slow to be added may have traveled into or out of the US,... More »

MORE ABOUT:
Department of Justice • FBI • audit • terror suspects • terrorist watch list

30 Stories


Food producers promoting healthier choices in advertising to kids
MarketWatch


Business  •  Crime & Courts 
TwitterFollow @NewserBusiness on Twitter

 
Department of Justice • FBI • eggs • tomatoes • price fixing • egg • monopolistic practices • federal prosecution

from our news partners