Eggs will be available for sale at the Manhattan grocery store in New York City on February 25, 2025.
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The U.S. Department of Justice has begun investigating potential antitrust issues related to rising egg prices. Wall Street Journal Reported Friday, people familiar with the matter.
The survey is in an early stage, which includes whether large egg producers work together to raise prices or lower supply, the report said.
As egg prices soared, the news came, causing some restaurants to announce menu changes and reports from grocery stores with empty shelves on it. For example, Denny announced last month that it was passing Egg costs rise Give to customers in the form of surcharge.
In the latest Consumer Price Index report, Bureau of Labor Statistics data shows the price of eggs rises Year is 53%. According to seasonal adjustments, the cost of eggs rose by only 15.2% between December and January. This marks the biggest growth in the egg index since June 2015.
The price increase appears to be at least partly due to the avian flu outbreak that has caused egg producers to snap up the population. However, the advocacy group Farm Action Last month’s letters to the Justice Department and the Federal Trade Commission called for an investigation into other reasons.
CNBC has not independently confirmed that the investigation is underway. The Justice Department did not immediately respond to CNBC’s request for comment.
