Sen. Jim Banks (R-IN) and Sen. Elizabeth Warren (D-MA) called on the Department of Justice, which launched an investigation into rising egg prices in March, to investigate further whether major egg companies are engaging in anticompetitive practices to boost their profits.
The senators sent a letter to the DOJ on Thursday, accusing egg companies of exploiting the avian flu crisis to raise egg prices for consumers.
“As you are aware, the sustained increase in egg prices has placed a significant financial strain on American families, particularly working-class households,” the bipartisan letter said. “While egg producers and trade associations point to recent avian flu outbreaks as the cause of high prices, we are concerned that record-high egg prices reflect noncompetitive behavior among large producers.”
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In March, egg
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