New York State Price Gouging Suit
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03/20/2024 |
Following the supply disruptions caused by COVID, the price of food products soared across the U.S. responding to the universal law of supply and demand. During the post-Covid period, New York Attorney GeneOral, Letitia James initiated lawsuits against both egg and meat producers alleging price gouging.
Tyson Foods as a major supplier of beef, pork and chicken received a subpoena demanding records of products sold, extending from December 2019 through April 2022, including prices and production costs.
After providing preliminary information, Tyson has yet to comply in full, maintaining that the applicable New York State law does not apply to product introduced into the state in interstate commerce.
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