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New York State Price Gouging Suit has Implications for Egg Producers

08/10/2022

Following the supply disruptions caused by COVID, the price of red meat soared in the U.S.  Accordingly, New York Attorney General Letitia James initiated lawsuits against both egg and meat producers alleging price gouging. Most of the allegations against egg suppliers proved groundless although one Company negotiated a settlement and accepted a consent decree.

 

Tyson Foods as a major supplier of beef, pork and chicken received a subpoena demanding records of products sold in New York extending from December 2019 through April 2022 including prices and production costs.

 

After providing initial information, Tyson has yet to comply in detail, maintaining that the applicable New York State law does not apply to product transported into the state.