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Podcast: レアジョブ英会話 Daily News Article Podcast
Episode: Jury orders egg suppliers to pay $17.7 million in damages for price gouging in 2000s
Description: A federal jury in Illinois ordered $17.7 million in damages—an amount tripled to more than $53 million under federal law—to several food manufacturing companies who had sued major egg producers over a conspiracy to limit the egg supply in the U.S.
The jury ruled that the egg producers used various means to limit the domestic supply of eggs to increase the price of products during the 2000s. The time frame of the conspiracy was an issue throughout the case; jurors ultimately determined damages occurred between 2004 and 2008.
The damages verdict was reached on December 1 in the Northern District of Illinois. Acco...